22 Montego CtCoronadoCA92118
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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 Coronado at 22 Montego Ct, Coronado, CA, 92118 priced at $1,332,400 pairs $6,580/mo rent with after a $6,521/mo payment. Total monthly income equals $6,580/mo. Return on cash invested is 14.36% in year one, and rental yield stands at 5.93% on a $1,332,400 basis. Equity gained on principal adds $8,598/yr, and 5% annual appreciation accumulates to $368,118 by year five. Five-year ROI measures 73.48% and total cumulative return in cash reaches $317,220. For financing, Ziffy Mortgage’s DSCR program evaluates $6,580/mo property income against a $6,521/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1982
3.92 Acres lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92118, Coronado, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,444 (100%) |
| Owner Occupied HU | 3,689 (39.1%) |
| Renter Occupied HU | 3,557 (37.7%) |
| Vacant Housing Units | 2,198 (23.3%) |
| Median Home Value | $1,966,411 |
| Average Home Value | $1,820,784 |
Housing Distribution
Address Breakdown
Residential
9,234
Single Family
5,773
Multi-Family
3,461
Businesses
511
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Listed by: N/A • N/A
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