1904 Grove RdEl 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 1904 Grove Rd, El Cajon, CA, 92020 with 5% annual appreciation on a $1,049,000 basis while $4,227/mo rent supports operations. 38% in year one. Equity gained on principal adds $6,769/yr, and five-year appreciation sums $289,819 alongside rental yield of 4.84%. Five-year ROI measures 62.4% and total cumulative return in cash totals $212,080. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,227/mo property income versus a $5,134/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
0.63 Acres 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 Aon • Realty Executives Dillon
Mls Name: CRMLS
Mls ID: #PTP2509123