2369 Ravenwood DrLemon GroveCA91945
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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
Investment property for sale in Lemon Grove at 2369 Ravenwood Dr, Lemon Grove, CA, 91945 offers a 6.39% rental yield on a $878,000 purchase with $4,678/mo rent. 93% in year one. Equity gained on principal adds $5,666/yr while 5% annual appreciation supports $242,575 over five years. Portfolio math shows five-year ROI at 86.83% and total cumulative return in cash at $250,828. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,678/mo property income against a $4,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
3,893 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91945, Lemon Grove, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,328
Single Family
8,269
Multi-Family
1,059
Businesses
640
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Listed by: Sharon Ritayik • Cal State Realty Service
Mls Name: CRMLS
Mls ID: #PTP2507026