244 Shady Ln SPACE 6El CajonCA92021
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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 El Cajon at 244 Shady Ln SPACE 6, El Cajon, CA, 92021 with 5% annual appreciation on a $130,000 basis while $2,350/mo rent supports operations. Total monthly income totals $2,350/mo and a $636/mo payment preserves $1,546/mo for cash returns. Annual cash flow comes to $18,553/yr on $43,095 deployed, and return on cash invested reaches 62.96% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 21.69%. Five-year ROI measures 333.79% and total cumulative return in cash totals $143,847.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,350/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2017
N/A 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: Lily Pigg • LILY'S MOBILE HOMES
Mls Name: My State MLS
Mls ID: #11382489