1338 Nicolette Ave UNIT 1033Chula 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
Rental property for sale in Chula Vista at 1338 Nicolette Ave UNIT 1033, Chula Vista, CA, 91913 generates $3,329/mo in rent and, after a $2,543/mo payment, leaves $115/mo in cash flow. Total monthly income is $3,329/mo, and annual cash flow is $1,380/yr on $170,916 invested. Return on cash invested sits at 20.87% in year one, and rental yield is 7.69% on a $519,500 entry. Equity gained on principal adds $3,352/yr, while 5% annual appreciation builds toward $143,528 over five years. Five-year ROI reaches 107.94% and total cumulative return in cash sums $184,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,329/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
12.04 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: Erick Salgado • Palisade Realty Inc
Mls Name: SDMLS
Mls ID: #250042543