180 Chambers St UNIT 21El 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
Investment property for sale in El Cajon at 180 Chambers St UNIT 21, El Cajon, CA, 92020 uses $157,462 cash to close to unlock $2,706/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $3,164/mo, and a $2,325/mo payment keeps the spread at $225/mo. Purchase price stands at $474,999, and rental yield measures 7.99% with $3,164/mo rent. Return on cash invested shows 21.63% in year one, and 5% annual appreciation builds toward $131,233 over five years. Five-year ROI reaches 112.06% and total cumulative return in cash records $176,454. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,164/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Condo
Built in 1985
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: Nathan Gray • Compass
Mls Name: SDMLS
Mls ID: #250045389