15935 Spring Oaks Rd SPACE 98El 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 15935 Spring Oaks Rd SPACE 98, El Cajon, CA, 92021 offers a 11.65% rental yield on a $400,000 purchase with $3,882/mo rent. Total monthly income registers $3,882/mo, and a $1,958/mo payment leaves $1,407/mo available for distribution. Annual cash flow reaches $16,888/yr on $132,600 to close, and return on cash invested stands at 32.65% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 171.15% and total cumulative return in cash at $226,948. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,882/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
N/A lot
$N/A/sqft
No 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: Deborah E Lopez • AARE
Mls Name: SDMLS
Mls ID: #250045339