1842 Observation Way UNIT 3Chula 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
Investment property for sale in Chula Vista at 1842 Observation Way UNIT 3, Chula Vista, CA, 91915 offers a 9.37% rental yield on a $650,000 purchase with $5,074/mo rent. Total monthly income registers $5,074/mo, and a $3,181/mo payment leaves $1,053/mo available for distribution. Annual cash flow reaches $12,641/yr on $213,850 to close, and return on cash invested stands at 25.97% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 135.33% and total cumulative return in cash at $289,394. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,074/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
10.01 Acres 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: Herb Knox • LPT Realty,Inc
Mls Name: SDMLS
Mls ID: #250040502