2035 Lakeridge CirChula VistaCA91913
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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 2035 Lakeridge Cir, Chula Vista, CA, 91913 uses $172,725 cash to close to unlock $4,738/yr annual cash flow and $395/mo monthly cash flow. Total monthly income runs $3,643/mo, and a $2,570/mo payment keeps the spread at $395/mo. Purchase price stands at $525,000, and rental yield measures 8.33% with $3,643/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 118.32% and total cumulative return in cash records $204,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,643/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91913, Chula Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,041 (100%) |
| Owner Occupied HU | 12,586 (66.1%) |
| Renter Occupied HU | 5,753 (30.2%) |
| Vacant Housing Units | 702 ( 3.7%) |
| Median Home Value | $839,256 |
| Average Home Value | $865,680 |
Housing Distribution
Address Breakdown
Residential
18,609
Single Family
16,075
Multi-Family
2,534
Businesses
172
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Listed by: Mukesh K Jain • RE/MAX Connections
Mls Name: SDMLS
Mls ID: #260001809