212 S 2nd St SPACE 10El 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
Rental property for sale in El Cajon at 212 S 2nd St SPACE 10, El Cajon, CA, 92019 generates $1,095/mo in rent and, after a $685/mo payment, leaves $229/mo in cash flow. Total monthly income is $1,095/mo, and annual cash flow is $2,751/yr on $46,377 invested. Return on cash invested sits at 25.84% in year one, and rental yield is 9.39% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 134.74% and total cumulative return in cash sums $62,487. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,095/mo property income rather than buyer’s personal income.
Manufactured
Built in 2023
1,400 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: #11585526