503 N 1st St N #67CEl CajonCA92021
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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 503 N 1st St N #67C, El Cajon, CA, 92021 uses $52,377 cash to close to unlock $16,163/yr annual cash flow and $1,347/mo monthly cash flow. Total monthly income runs $3,114/mo, and a $773/mo payment keeps the spread at $1,347/mo. Purchase price stands at $158,000, and rental yield measures 23.65% with $3,114/mo rent. Return on cash invested shows 50.77% in year one, and 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 274.88% and total cumulative return in cash records $143,974. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,114/mo property income covering a $773/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
N/A lot
$N/A/sqft
$790 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92021, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,829 (100%) |
| Owner Occupied HU | 12,250 (51.4%) |
| Renter Occupied HU | 10,737 (45.1%) |
| Vacant Housing Units | 842 ( 3.5%) |
| Median Home Value | $687,938 |
| Average Home Value | $714,846 |
Housing Distribution
Address Breakdown
Residential
23,851
Single Family
19,692
Multi-Family
4,159
Businesses
1,493
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Listed by: Lily Pigg • LILY'S MOBILE HOMES
Mls Name: My State MLS
Mls ID: #11400264