212 S 2nd St S #58El CajonCA92019
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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 212 S 2nd St S #58, El Cajon, CA, 92019 earns $3,348/mo cash flow from $4,306/mo rent with a $758/mo payment. Total monthly income totals $4,306/mo, and annual cash flow totals $40,175/yr on $51,349 capital. ROI tracks 98.15% on current figures, and rental yield reads 33.36% at a $154,900 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,796 over five years. Five-year ROI reaches 522.39% and total cumulative return in cash sums $268,244. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,306/mo property income instead of your personal income.
Manufactured
Built in 2005
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92019, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,429 (100%) |
| Owner Occupied HU | 9,776 (63.4%) |
| Renter Occupied HU | 5,127 (33.2%) |
| Vacant Housing Units | 526 ( 3.4%) |
| Median Home Value | $880,528 |
| Average Home Value | $952,188 |
Housing Distribution
Address Breakdown
Residential
15,313
Single Family
13,866
Multi-Family
1,447
Businesses
431
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Listed by: Sheryl Midtsatre • Pacific Manufactured Homes
Mls Name: My State MLS
Mls ID: #11230194