244 Shady Ln SPACE 5El CajonCA92021
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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 El Cajon at 244 Shady Ln SPACE 5, El Cajon, CA, 92021 earns $369/mo cash flow from $1,603/mo rent with a $976/mo payment. Total monthly income totals $1,603/mo, and annual cash flow totals $4,432/yr on $66,134 capital. ROI tracks 26.61% on current figures, and rental yield reads 9.64% at a $199,500 purchase. Equity gained on principal adds $1,287/yr, and 5% annual appreciation supports $55,118 over five years. Five-year ROI reaches 138.8% and total cumulative return in cash sums $91,795. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,603/mo property income instead of your personal income.
Manufactured
Built in 2023
1,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92021, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,829 (100%) |
| Owner Occupied HU | 12,250 (51.4%) |
| Renter Occupied HU | 10,737 (45.1%) |
| Vacant Housing Units | 842 ( 3.5%) |
| Median Home Value | $687,938 |
| Average Home Value | $714,846 |
Housing Distribution
Address Breakdown
Residential
23,851
Single Family
19,692
Multi-Family
4,159
Businesses
1,493
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Listed by: Tomas Reynoso • Pacific Manufactured Homes
Mls Name: My State MLS
Mls ID: #11487833