12378 Wade Way, El Cajon, CA, 92021 | 6.23% Rental Yield

For Sale

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

Total monthly income runs $4,154/mo, and a $3,915/mo payment. Purchase price stands at $799,950, and rental yield measures 6.23% with $4,154/mo rent. Return on cash invested shows 16.44% in year one, and 5% annual appreciation builds toward $221,011 over five years. Five-year ROI reaches 84.19% and total cumulative return in cash records $221,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,154/mo property income covering a $3,915/mo payment rather than investor’s personal income.

Single Family

Built in 1958

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