319 Lagoon WaySanteeCA92071
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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 Santee at 319 Lagoon Way, Santee, CA, 92071 with 5% annual appreciation on a $709,000 basis while $3,869/mo rent supports operations. 4% in year one. Equity gained on principal adds $4,575/yr, and five-year appreciation sums $195,884 alongside rental yield of 6.55%. Five-year ROI measures 89.37% and total cumulative return in cash totals $208,473. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,869/mo property income versus a $3,470/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92071, Santee, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,507 (100%) |
| Owner Occupied HU | 15,309 (68.0%) |
| Renter Occupied HU | 6,547 (29.1%) |
| Vacant Housing Units | 651 ( 2.9%) |
| Median Home Value | $754,687 |
| Average Home Value | $775,783 |
Housing Distribution
Address Breakdown
Residential
21,475
Single Family
19,574
Multi-Family
1,901
Businesses
1,335
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Listed by: Lili Patch • Select Living Realty Group
Mls Name: CRMLS
Mls ID: #PTP2509114