490 4th Ave UNIT 21Chula VistaCA91910
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 490 4th Ave UNIT 21, Chula Vista, CA, 91910 in Chula Vista is a conservative rental investment at $389,000. Rental yield 6.9%. A 1.28 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $107,474; $3,583/yr in principal paydown supplements. Total projected return: $136,557.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 5.5% |
| Monthly Cash Flow | $(171) | $300 |
City averages based on Chula Vista market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,236 |
| Total Monthly Debt Service | $2,252 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1968
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91910, Chula Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,114 (100%) |
| Owner Occupied HU | 12,610 (44.9%) |
| Renter Occupied HU | 14,311 (50.9%) |
| Vacant Housing Units | 1,193 ( 4.2%) |
| Median Home Value | $770,260 |
| Average Home Value | $759,874 |
Housing Distribution
Address Breakdown
Residential
27,575
Single Family
21,145
Multi-Family
6,430
Businesses
1,742
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1968
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91910, Chula Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,114 (100%) |
| Owner Occupied HU | 12,610 (44.9%) |
| Renter Occupied HU | 14,311 (50.9%) |
| Vacant Housing Units | 1,193 ( 4.2%) |
| Median Home Value | $770,260 |
| Average Home Value | $759,874 |
Housing Distribution
Address Breakdown
Residential
27,575
Single Family
21,145
Multi-Family
6,430
Businesses
1,742
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leo Gonzalez • FOSTER HAMILTON Real Estate
Mls Name: SDMLS
Mls ID: #250031297