353 Tourmaline CtChula VistaCA91911
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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 Chula Vista at 353 Tourmaline Ct, Chula Vista, CA, 91911 priced at $685,000 converts $4,309/mo rent into $71/mo cash flow after a $3,353/mo obligation. Total monthly income equals $4,309/mo, and annual cash flow totals $854/yr on $225,365 invested. Return on cash invested prints 20.44% in year one, and rental yield reads 7.55% against a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation compiles into $189,253 by year five. Five-year ROI reaches 105.66% and total cumulative return in cash sums $238,126. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,309/mo property income covering a $3,353/mo payment, not borrower’s personal income.
Single Family
Built in 1966
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91911, Chula Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,528 (100%) |
| Owner Occupied HU | 13,305 (50.2%) |
| Renter Occupied HU | 12,508 (47.2%) |
| Vacant Housing Units | 715 ( 2.7%) |
| Median Home Value | $656,937 |
| Average Home Value | $674,205 |
Housing Distribution
Address Breakdown
Residential
25,750
Single Family
20,938
Multi-Family
4,812
Businesses
2,026
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Listed by: Barbara Lew • LPT Realty,Inc
Mls Name: SDMLS
Mls ID: #250040448