12191 Cuyamaca College Dr E UNIT 209El 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 12191 Cuyamaca College Dr E UNIT 209, El Cajon, CA, 92019 uses $132,269 cash to close to unlock $12,259/yr annual cash flow and $1,022/mo monthly cash flow. Total monthly income runs $3,830/mo, and a $1,953/mo payment keeps the spread at $1,022/mo. Purchase price stands at $399,000, and rental yield measures 11.52% with $3,830/mo rent. Return on cash invested shows 29.18% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 153.66% and total cumulative return in cash records $203,246. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,830/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$340 monthly 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: Luis Calderon • Berkshire Hathaway HS Real Time Realty
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81969696
Disclaimer: Based on information from the MLSListings MLS as of 2024-08-14 07:43:50 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.