1583 Sumac PlChula VistaCA91915
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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 1583 Sumac Pl, Chula Vista, CA, 91915 generates $4,384/mo in rent and, after a $3,108/mo payment, leaves $456/mo in cash flow. Total monthly income is $4,384/mo, and annual cash flow is $5,469/yr on $208,915 invested. Return on cash invested sits at 22.68% in year one, and rental yield is 8.28% on a $635,000 entry. Equity gained on principal adds $4,098/yr, while 5% annual appreciation builds toward $175,439 over five years. Five-year ROI reaches 117.65% and total cumulative return in cash sums $245,792. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,384/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91915, Chula Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,975 (100%) |
| Owner Occupied HU | 7,385 (61.7%) |
| Renter Occupied HU | 3,849 (32.1%) |
| Vacant Housing Units | 741 ( 6.2%) |
| Median Home Value | $827,670 |
| Average Home Value | $888,553 |
Housing Distribution
Address Breakdown
Residential
11,606
Single Family
11,160
Multi-Family
446
Businesses
368
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Listed by: Richard Man • Woodman Real Estate & Inv.
Mls Name: SDMLS
Mls ID: #2600149