1465 E Lexington Ave UNIT 12EEl CajonCA92019
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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 El Cajon at 1465 E Lexington Ave UNIT 12E, El Cajon, CA, 92019 generates $3,254/mo in rent, after a $2,932/mo payment. Total monthly income is $3,254/mo. Return on cash invested sits at 17.31% in year one, and rental yield is 6.52% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 88.88% and total cumulative return in cash sums $175,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,254/mo property income rather than buyer’s personal income.
Condo
Built in 1989
0.97 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92019, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,429 (100%) |
| Owner Occupied HU | 9,776 (63.4%) |
| Renter Occupied HU | 5,127 (33.2%) |
| Vacant Housing Units | 526 ( 3.4%) |
| Median Home Value | $880,528 |
| Average Home Value | $952,188 |
Housing Distribution
Address Breakdown
Residential
15,313
Single Family
13,866
Multi-Family
1,447
Businesses
431
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Listed by: Alysa Flores • ROA California Inc
Mls Name: CRMLS
Mls ID: #PTP2505994