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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lemon Grove at 2120 Massachusetts Ave, Lemon Grove, CA, 91945 offers a 7.39% rental yield on a $599,000 purchase with $3,689/mo rent. 96% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 103.08% and total cumulative return in cash at $203,146. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,689/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 91945, Lemon Grove, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,392 (100%) |
| Owner Occupied HU | 4,869 (51.8%) |
| Renter Occupied HU | 4,142 (44.1%) |
| Vacant Housing Units | 381 ( 4.1%) |
| Median Home Value | $696,075 |
| Average Home Value | $785,980 |
Residential
9,328
Single Family
8,269
Multi-Family
1,059
Businesses
640
Date | Event | Price |
|---|---|---|
| 2025-01-06 | Listed for sale | $599,000 |
| 2013-05-06 | Sold | $220,000 |
| 2011-10-28 | Sold | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-08 | $3884.22 | 2.42% | $265,592 | 2.00% |
| 2023-01-08 | $3792.42 | 0.49% | $260,385 | 2.00% |
| 2022-01-08 | $3774.02 | 1.25% | $255,281 | 2.00% |
Listed by: Lee J Schwartz • Team Metro
Mls Name: SDMLS
Mls Provider:
Mls ID: #250000340
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 2025 San Diego MLS.
