168 S Pierce StEl CajonCA92020
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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 168 S Pierce St, El Cajon, CA, 92020 priced at $460,000 pairs $3,354/mo rent with $509/mo cash flow after a $2,251/mo payment. Total monthly income equals $3,354/mo, and annual cash flow comes to $6,106/yr on $152,490 invested. Return on cash invested is 23.91% in year one, and rental yield stands at 8.75% on a $460,000 basis. Equity gained on principal adds $2,968/yr, and 5% annual appreciation accumulates to $127,090 by year five. Five-year ROI measures 124.31% and total cumulative return in cash reaches $189,553. For financing, Ziffy Mortgage’s DSCR program evaluates $3,354/mo property income against a $2,251/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92020, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,427 (100%) |
| Owner Occupied HU | 8,563 (38.2%) |
| Renter Occupied HU | 13,016 (58.0%) |
| Vacant Housing Units | 848 ( 3.8%) |
| Median Home Value | $859,223 |
| Average Home Value | $900,497 |
Housing Distribution
Address Breakdown
Residential
21,033
Single Family
13,921
Multi-Family
7,112
Businesses
2,417
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Listed by: Mike Panado • Home Solutions Group-Realty
Mls Name: CRMLS
Mls ID: #PTP2507590