2181 Caminito Norina UNIT 134Chula VistaCA91915
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
Investment Highlights
Investment property for sale in Chula Vista at 2181 Caminito Norina UNIT 134, Chula Vista, CA, 91915 uses $213,521 cash to close to unlock $3,884/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $4,339/mo, and a $3,177/mo payment keeps the spread at $324/mo. Purchase price stands at $649,000, and rental yield measures 8.02% with $4,339/mo rent. Return on cash invested shows 21.88% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 113.37% and total cumulative return in cash records $242,076. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,339/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91915, Chula Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,975 (100%) |
| Owner Occupied HU | 7,385 (61.7%) |
| Renter Occupied HU | 3,849 (32.1%) |
| Vacant Housing Units | 741 ( 6.2%) |
| Median Home Value | $827,670 |
| Average Home Value | $888,553 |
Housing Distribution
Address Breakdown
Residential
11,606
Single Family
11,160
Multi-Family
446
Businesses
368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leotes Ciballos • Nautilus Real Estate
Mls Name: CRMLS
Mls ID: #PTP2505305