1460 Canvas Dr UNIT 4Chula 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 1460 Canvas Dr UNIT 4, Chula Vista, CA, 91913 generates $6,012/mo in rent and, after a $3,079/mo payment, leaves $1,718/mo in cash flow. Total monthly income is $6,012/mo, and annual cash flow is $20,618/yr on $206,941 invested. Return on cash invested sits at 30.02% in year one, and rental yield is 11.47% on a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 157.9% and total cumulative return in cash sums $326,769. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,012/mo property income rather than buyer’s personal income.
Condo
Built in 2007
2.10 Acres lot
$N/A/sqft
$177 monthly 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 C Gydesen • Big Block Realty, Inc.
Mls Name: SDMLS
Mls Provider:
Mls ID: #240020499
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