1220 La Vida CtChula VistaCA91915
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chula Vista at 1220 La Vida Ct, Chula Vista, CA, 91915 offers a 8.54% rental yield on a $799,000 purchase with $5,683/mo rent. Total monthly income registers $5,683/mo, and a $3,911/mo payment leaves $740/mo available for distribution. Annual cash flow reaches $8,879/yr on $262,871 to close, and return on cash invested stands at 23.44% in year one. Equity gained on principal adds $5,156/yr while 5% annual appreciation supports $220,749 over five years. Portfolio math shows five-year ROI at 121.72% and total cumulative return in cash at $319,974. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,683/mo property income against a $3,911/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91915, Chula Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,975 (100%) |
| Owner Occupied HU | 7,385 (61.7%) |
| Renter Occupied HU | 3,849 (32.1%) |
| Vacant Housing Units | 741 ( 6.2%) |
| Median Home Value | $827,670 |
| Average Home Value | $888,553 |
Housing Distribution
Address Breakdown
Residential
11,606
Single Family
11,160
Multi-Family
446
Businesses
368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anna Marie Barnard • Sand & Sea Realty, Inc.
Mls Name: SDMLS
Mls ID: #260001739