577 Palomar St SPACE 31Chula VistaCA91911
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.06% yield at 577 Palomar St SPACE 31, Chula Vista, CA, 91911 in Chula Vista is solid, but the $530/mo payment compresses net cash flow to $161/mo at $117,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $32,574 by year five, and $1,086/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.68) without U.S. income documentation. Total projected return: $55,059.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.5% |
| Monthly Cash Flow | $161 | $300 |
City averages based on Chula Vista market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $890 |
| Total Monthly Debt Service | $682 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91911, Chula Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,528 (100%) |
| Owner Occupied HU | 13,305 (50.2%) |
| Renter Occupied HU | 12,508 (47.2%) |
| Vacant Housing Units | 715 ( 2.7%) |
| Median Home Value | $656,937 |
| Average Home Value | $674,205 |
Housing Distribution
Address Breakdown
Residential
25,750
Single Family
20,938
Multi-Family
4,812
Businesses
2,026
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
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91911, Chula Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,528 (100%) |
| Owner Occupied HU | 13,305 (50.2%) |
| Renter Occupied HU | 12,508 (47.2%) |
| Vacant Housing Units | 715 ( 2.7%) |
| Median Home Value | $656,937 |
| Average Home Value | $674,205 |
Housing Distribution
Address Breakdown
Residential
25,750
Single Family
20,938
Multi-Family
4,812
Businesses
2,026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Cirillo • Cirillo, Michael A.
Mls Name: CRMLS
Mls ID: #OC25180648