1174 E Main St SPACE 179El CajonCA92021
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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 1174 E Main St SPACE 179, El Cajon, CA, 92021 uses $42,764 cash to close to unlock $2,704/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $1,023/mo, and a $631/mo payment keeps the spread at $225/mo. Purchase price stands at $129,000, and rental yield measures 9.52% with $1,023/mo rent. Return on cash invested shows 26.23% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 136.83% and total cumulative return in cash records $58,513. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,023/mo property income covering a $631/mo payment rather than investor’s personal income.
Manufactured
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92021, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,829 (100%) |
| Owner Occupied HU | 12,250 (51.4%) |
| Renter Occupied HU | 10,737 (45.1%) |
| Vacant Housing Units | 842 ( 3.5%) |
| Median Home Value | $687,938 |
| Average Home Value | $714,846 |
Housing Distribution
Address Breakdown
Residential
23,851
Single Family
19,692
Multi-Family
4,159
Businesses
1,493
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Listed by: Rosemary Aljundi • Mobile Home Connection
Mls Name: My State MLS
Mls ID: #11430173