115 Summit LnEl CajonCA92019
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in El Cajon at 115 Summit Ln, El Cajon, CA, 92019 uses $254,975 cash to close to unlock $6,851/yr annual cash flow and $571/mo monthly cash flow. Total monthly income runs $5,365/mo, and a $3,793/mo payment keeps the spread at $571/mo. Purchase price stands at $775,000, and rental yield measures 8.31% with $5,365/mo rent. Return on cash invested shows 22.75% in year one, and 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 118.01% and total cumulative return in cash records $300,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,365/mo property income covering a $3,793/mo payment rather than investor’s personal income.
Single Family
Built in 2004
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92019, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,429 (100%) |
| Owner Occupied HU | 9,776 (63.4%) |
| Renter Occupied HU | 5,127 (33.2%) |
| Vacant Housing Units | 526 ( 3.4%) |
| Median Home Value | $880,528 |
| Average Home Value | $952,188 |
Housing Distribution
Address Breakdown
Residential
15,313
Single Family
13,866
Multi-Family
1,447
Businesses
431
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Listed by: Joshua Brown • eXp Realty of California, Inc.
Mls Name: SDMLS
Mls ID: #250034335