1280 W Main St APT 3El CajonCA92020
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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 1280 W Main St APT 3, El Cajon, CA, 92020 listed at $399,900 pairs $2,946/mo rent with a $1,957/mo payment to leave $472/mo cash flow. Total monthly income runs $2,946/mo, and annual cash flow reaches $5,670/yr on $132,567 cash to close. Return on cash invested measures 24.19% in year one, and rental yield registers 8.84% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 125.78% and total cumulative return in cash totals $166,748. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,946/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92020, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,427 (100%) |
| Owner Occupied HU | 8,563 (38.2%) |
| Renter Occupied HU | 13,016 (58.0%) |
| Vacant Housing Units | 848 ( 3.8%) |
| Median Home Value | $859,223 |
| Average Home Value | $900,497 |
Housing Distribution
Address Breakdown
Residential
21,033
Single Family
13,921
Multi-Family
7,112
Businesses
2,417
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Listed by: Melvina Selfani • Century 21 Affiliated
Mls Name: SDMLS
Mls ID: #250039738