2376 Element Way APT 3Chula VistaCA91915
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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 Chula Vista at 2376 Element Way APT 3, Chula Vista, CA, 91915 earns $325/mo cash flow from $4,649/mo rent with a $3,421/mo payment. Total monthly income totals $4,649/mo, and annual cash flow totals $3,901/yr on $229,971 capital. ROI tracks 21.76% on current figures, and rental yield reads 7.98% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 112.73% and total cumulative return in cash sums $259,238. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,649/mo property income instead of your personal income.
Condo
Built in 2018
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
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Listed by: Salvatore W Cefalu • Keller Williams San Diego Metro
Mls Name: SDMLS
Mls ID: #250036500