1727 Melrose Ave UNIT 33Chula VistaCA91911
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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
Total monthly income runs $3,192/mo, and a $2,687/mo payment. Purchase price stands at $549,000, and rental yield measures 6.98% with $3,192/mo rent. Return on cash invested shows 18.7% in year one, and 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 96.34% and total cumulative return in cash records $174,008. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,192/mo property income covering a $2,687/mo payment rather than investor’s personal income.
Condo
Built in 1981
4.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91911, Chula Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,528 (100%) |
| Owner Occupied HU | 13,305 (50.2%) |
| Renter Occupied HU | 12,508 (47.2%) |
| Vacant Housing Units | 715 ( 2.7%) |
| Median Home Value | $656,937 |
| Average Home Value | $674,205 |
Housing Distribution
Address Breakdown
Residential
25,750
Single Family
20,938
Multi-Family
4,812
Businesses
2,026
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Listed by: Nicole Christensen • Compass
Mls Name: SDMLS
Mls ID: #2601132