2609 Saddleback StChula VistaCA91914
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play2609 Saddleback St, Chula Vista, CA, 91914 in Chula Vista is priced for appreciation, not yield. Rental yield 5.21%. At $1,229,000 with a 5.21% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $339,550 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.96) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $319,920.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 5.5% |
| Monthly Cash Flow | $(2,470) | $300 |
City averages based on Chula Vista market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,332 |
| Total Monthly Debt Service | $7,114 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1999
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91914, Chula Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,940 (100%) |
| Owner Occupied HU | 4,017 (81.3%) |
| Renter Occupied HU | 805 (16.3%) |
| Vacant Housing Units | 118 ( 2.4%) |
| Median Home Value | $932,072 |
| Average Home Value | $1,018,659 |
Housing Distribution
Address Breakdown
Residential
5,009
Single Family
4,892
Multi-Family
117
Businesses
544
Nearby investment properties with comparable rents
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
Single Family
Built in 1999
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91914, Chula Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,940 (100%) |
| Owner Occupied HU | 4,017 (81.3%) |
| Renter Occupied HU | 805 (16.3%) |
| Vacant Housing Units | 118 ( 2.4%) |
| Median Home Value | $932,072 |
| Average Home Value | $1,018,659 |
Housing Distribution
Address Breakdown
Residential
5,009
Single Family
4,892
Multi-Family
117
Businesses
544
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SDMLS
Mls ID: #260005856