323 Lila LnEl 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
Rental property for sale in El Cajon at 323 Lila Ln, El Cajon, CA, 92021 priced at $699,888 converts $4,925/mo rent into $595/mo cash flow after a $3,426/mo obligation. Total monthly income equals $4,925/mo, and annual cash flow totals $7,140/yr on $230,263 invested. Return on cash invested prints 23.16% in year one, and rental yield reads 8.44% against a $699,888 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation compiles into $193,366 by year five. Five-year ROI reaches 120.23% and total cumulative return in cash sums $276,856. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,925/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.30 Acres 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: Faith Wise • eXp Realty of Southern California, Inc.
Mls Name: SDMLS
Mls ID: #250039979