3575 Grove St UNIT 244Lemon 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 244, Lemon Grove, CA, 91945 earns $300/mo cash flow from $3,202/mo rent with a $2,296/mo payment. Total monthly income totals $3,202/mo, and annual cash flow totals $3,602/yr on $155,474 capital. ROI tracks 22.23% on current figures, and rental yield reads 8.19% at a $469,000 purchase. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 over five years. Five-year ROI reaches 115.28% and total cumulative return in cash sums $179,227. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,202/mo property income instead of your personal income.
Condo
Built in 2005
7.37 Acres 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: Jeremy Sine • CoSine Real Estate
Mls Name: SDMLS
Mls ID: #250035884