1279 Gorge Run Way UNIT 3Chula VistaCA91913
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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 Chula Vista at 1279 Gorge Run Way UNIT 3, Chula Vista, CA, 91913 uses $220,101 cash to close to unlock $1,234/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $4,241/mo, and a $3,274/mo payment keeps the spread at $103/mo. Purchase price stands at $669,000, and rental yield measures 7.61% with $4,241/mo rent. Return on cash invested shows 20.62% in year one, and 5% annual appreciation builds toward $184,832 over five years. Five-year ROI reaches 106.62% and total cumulative return in cash records $234,663. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,241/mo property income covering a $3,274/mo payment rather than investor’s personal income.
Condo
Built in 2005
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91913, Chula Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,041 (100%) |
| Owner Occupied HU | 12,586 (66.1%) |
| Renter Occupied HU | 5,753 (30.2%) |
| Vacant Housing Units | 702 ( 3.7%) |
| Median Home Value | $839,256 |
| Average Home Value | $865,680 |
Housing Distribution
Address Breakdown
Residential
18,609
Single Family
16,075
Multi-Family
2,534
Businesses
172
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Listed by: LJ Woodard • One Percent Listing Group, Inc
Mls Name: SDMLS
Mls ID: #260001316