1908 Washington StLemon GroveCA91945
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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 Lemon Grove at 1908 Washington St, Lemon Grove, CA, 91945 priced at $1,299,900 pairs $2,810/mo rent with after a $6,362/mo payment. Total monthly income equals $2,810/mo. Return on cash invested is 5.23% in year one, and rental yield stands at 2.59% on a $1,299,900 basis. Equity gained on principal adds $8,388/yr, and 5% annual appreciation accumulates to $359,138 by year five. Five-year ROI measures 24.13% and total cumulative return in cash reaches $101,612. For financing, Ziffy Mortgage’s DSCR program evaluates $2,810/mo property income against a $6,362/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91945, Lemon Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,392 (100%) |
| Owner Occupied HU | 4,869 (51.8%) |
| Renter Occupied HU | 4,142 (44.1%) |
| Vacant Housing Units | 381 ( 4.1%) |
| Median Home Value | $696,075 |
| Average Home Value | $785,980 |
Housing Distribution
Address Breakdown
Residential
9,328
Single Family
8,269
Multi-Family
1,059
Businesses
640
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Listed by: Scott Norberg • Vylla Home, Inc.
Mls Name: SDMLS
Mls Provider:
Mls ID: #240023365
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