3575 Grove St UNIT 141Lemon GroveCA91945
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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 Lemon Grove at 3575 Grove St UNIT 141, Lemon Grove, CA, 91945 offers a 8.39% rental yield on a $465,000 purchase with $3,250/mo rent. Total monthly income registers $3,250/mo, and a $2,276/mo payment leaves $373/mo available for distribution. Annual cash flow reaches $4,480/yr on $154,148 to close, and return on cash invested stands at 22.82% in year one. Equity gained on principal adds $3,001/yr while 5% annual appreciation supports $128,471 over five years. Portfolio math shows five-year ROI at 118.43% and total cumulative return in cash at $182,555. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,250/mo property income against a $2,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91945, Lemon Grove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,392 (100%) |
| Owner Occupied HU | 4,869 (51.8%) |
| Renter Occupied HU | 4,142 (44.1%) |
| Vacant Housing Units | 381 ( 4.1%) |
| Median Home Value | $696,075 |
| Average Home Value | $785,980 |
Housing Distribution
Address Breakdown
Residential
9,328
Single Family
8,269
Multi-Family
1,059
Businesses
640
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Listed by: William Stanhope • Premier Realty Associates
Mls Name: SDMLS
Mls ID: #250041481