410 S 1st St SPACE 94El CajonCA92019
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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 El Cajon at 410 S 1st St SPACE 94, El Cajon, CA, 92019 offers a 9.5% rental yield on a $175,000 purchase with $1,385/mo rent. Total monthly income registers $1,385/mo, and a $857/mo payment leaves $302/mo available for distribution. Annual cash flow reaches $3,623/yr on $58,013 to close, and return on cash invested stands at 26.15% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 136.33% and total cumulative return in cash at $79,087. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,385/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92019, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,429 (100%) |
| Owner Occupied HU | 9,776 (63.4%) |
| Renter Occupied HU | 5,127 (33.2%) |
| Vacant Housing Units | 526 ( 3.4%) |
| Median Home Value | $880,528 |
| Average Home Value | $952,188 |
Housing Distribution
Address Breakdown
Residential
15,313
Single Family
13,866
Multi-Family
1,447
Businesses
431
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Listed by: Mark Betteker • 1st R.E Services, Inc.
Mls Name: SDMLS
Mls ID: #260001296