255 S 2nd St UNIT 7El CajonCA92019
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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 255 S 2nd St UNIT 7, El Cajon, CA, 92019 listed at $469,999 pairs $3,635/mo rent with a $2,300/mo payment to leave $728/mo cash flow. Total monthly income runs $3,635/mo, and annual cash flow reaches $8,735/yr on $155,805 cash to close. Return on cash invested measures 25.52% in year one, and rental yield registers 9.28% at a $469,999 basis. Equity gained on principal adds $3,033/yr, and annual property appreciation at 5% supports $129,852 by year five. Five-year ROI tracks 132.89% and total cumulative return in cash totals $207,045. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,635/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2000
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92019, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,429 (100%) |
| Owner Occupied HU | 9,776 (63.4%) |
| Renter Occupied HU | 5,127 (33.2%) |
| Vacant Housing Units | 526 ( 3.4%) |
| Median Home Value | $880,528 |
| Average Home Value | $952,188 |
Housing Distribution
Address Breakdown
Residential
15,313
Single Family
13,866
Multi-Family
1,447
Businesses
431
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Listed by: Mariam Mechael • Realty Executives Dillon
Mls Name: CRMLS
Mls ID: #PTP2508986