306-310 Richardson AveEl CajonCA92020
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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 306-310 Richardson Ave, El Cajon, CA, 92020 earns from $4,676/mo rent with a $6,314/mo payment. Total monthly income totals $4,676/mo. ROI tracks 10.88% on current figures, and rental yield reads 4.35% at a $1,290,000 purchase. Equity gained on principal adds $8,324/yr, and 5% annual appreciation supports $356,403 over five years. Five-year ROI reaches 54.34% and total cumulative return in cash sums $227,108. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,676/mo property income instead of your personal income.
Single Family
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92020, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,427 (100%) |
| Owner Occupied HU | 8,563 (38.2%) |
| Renter Occupied HU | 13,016 (58.0%) |
| Vacant Housing Units | 848 ( 3.8%) |
| Median Home Value | $859,223 |
| Average Home Value | $900,497 |
Housing Distribution
Address Breakdown
Residential
21,033
Single Family
13,921
Multi-Family
7,112
Businesses
2,417
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Listed by: Christopher Turnbow • Christopher Turnbow, Broker
Mls Name: SDMLS
Mls ID: #250043149