12970 Highway 8 Business SPACE 7El CajonCA92021
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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 12970 Highway 8 Business SPACE 7, El Cajon, CA, 92021 offers a 8.09% rental yield on a $259,900 purchase with $1,753/mo rent. 86% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,753/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1969
N/A lot
$N/A/sqft
$1,780 monthly 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 |
Housing Distribution
Address Breakdown
Residential
23,851
Single Family
19,692
Multi-Family
4,159
Businesses
1,493
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Listed by: Lily Pigg • LILY'S MOBILE HOMES
Mls Name: My State MLS
Mls ID: #11485743