1990 Longs Hill RdEl CajonCA92021
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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 1990 Longs Hill Rd, El Cajon, CA, 92021 at $995,000 posts ROI 25.73% with $1,547/mo cash flow from $7,702/mo rent. Total monthly income equals $7,702/mo, and annual cash flow records $18,561/yr on $327,355 to close. Return on cash invested measures 25.73% and rental yield reads 9.29% at the current $995,000. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 by year five. Five-year ROI prints 134.02% and total cumulative return in cash totals $438,714.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,702/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
1.11 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 92021, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,829 (100%) |
| Owner Occupied HU | 12,250 (51.4%) |
| Renter Occupied HU | 10,737 (45.1%) |
| Vacant Housing Units | 842 ( 3.5%) |
| Median Home Value | $687,938 |
| Average Home Value | $714,846 |
Housing Distribution
Address Breakdown
Residential
23,851
Single Family
19,692
Multi-Family
4,159
Businesses
1,493
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-06 | Listed for sale | $995,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-12 | N/A | N/A | $337,740 | 2.00% |
| 2023-09-12 | $3907.72 | 1.63% | $331,118 | 2.00% |
| 2022-09-12 | $3845.12 | 1.43% | $324,627 | 2.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1965
- Architectural Style: N/A
- Building Area: 2,012
- Living Area: 2,012 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Fireplace(s), Forced Air, Natural Gas
- Cooling: Central Forced Air
- Flooring: Tile, Wood, Granite
- Interior Features: Ceiling Fan(s), Crown Molding, Granite Counters, Recessed Lighting, Remodeled Kitchen, Shower, Entry, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Garage: Attached, Garage - Front Entry, Garage - Two Door, Non-Garage: Driveway, Driveway - Concrete
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: Meter on Property
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Michelle Kolker • Compass
Mls Name: SDMLS
Mls Provider:
Mls ID: #240021147
Disclaimer: This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation 2024 San Diego MLS.