12044 Royal Rd SPACE 76, El Cajon, CA, 92021 | $214/mo Cash Flow

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12044 Royal Rd SPACE 76, El Cajon, CA, 92021 | $214/mo Cash Flow | Ziffy

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in El Cajon at 12044 Royal Rd SPACE 76, El Cajon, CA, 92021 earns $214/mo cash flow from $1,185/mo rent with a $768/mo payment. Total monthly income totals $1,185/mo, and annual cash flow totals $2,570/yr on $52,046 capital. ROI tracks 24.85% on current figures, and rental yield reads 9.06% at a $157,000 purchase. Equity gained on principal adds $1,013/yr, and 5% annual appreciation supports $43,376 over five years. Five-year ROI reaches 129.39% and total cumulative return in cash sums $67,340. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,185/mo property income instead of your personal income.

Manufactured

Built in 2002

N/A lot

$N/A/sqft

No HOA

More details about the property

Great Starter Home with some recent upgrades. A 2002 Modern Manufactured Home in All-Age Family Park. Step inside to vaulted ceilings and a warm cozy environment. Spacious living room, also have plenty of dining room space. Kitchen has very nice wooden cabinetry. This nice home comes with 2 bedrooms & 2 full bathrooms. This manufactured home comes with all stainless-steel appliances such as dishwasher, stove, refrigerator, Double-Stacked LG Washer & Dryer. Carport for 2 cars, storage shed at end of carport. The home needs a little bit of TLC but just cosmetically, this home will clean up really well & it's still in great shape. There is a private back yard for lounging, barbecuing, or dog/pet area. Community park features swimming pool, hot tub, clubhouse for parties or celebrations. Affordable Living with Endless Possibilities! Step into comfort and convenience with this inviting home located in an ALL ages community where space rent is $1,400/month. Home has Some upgrades such as new paint, ceiling fans, modern stainless-steel appliances in kitchen with a washer and dryer already included. This home combines practical value with flexible living options. Whether you're starting out, downsizing, or looking for affordable housing this is the opportunity to own your own home.

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