212 S 2nd St S SPACE 43El CajonCA92019
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowA DSCR of 2.02 makes 212 S 2nd St S SPACE 43, El Cajon, CA, 92019 in El Cajon one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 10.9%. The 10.9% yield, 5% annual appreciation ($41,304 over five years), and $1,377/yr in principal reduction project a total cumulative return of $33,588.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 5.2% |
| Monthly Cash Flow | $(417) | $350 |
City averages based on El Cajon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,358 |
| Total Monthly Debt Service | $1,715 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2022
1,600 sqft lot
$N/A/sqft
$850 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2022
1,600 sqft lot
$N/A/sqft
$850 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tomas Reynoso • Pacific Manufactured Homes
Mls Name: My State MLS
Mls ID: #11428697