695 Sea Vale St #509Chula VistaCA91910
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 695 Sea Vale St #509, Chula Vista, CA, 91910 in Chula Vista worth modelling. At $515,000 with a 7.85% gross yield, the $3,371/mo rent leaves $185/mo after the $2,316/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.46 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $142,285 by year five; $4,743/yr in principal reduction adds further equity. Total projected return: $207,165.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.5% |
| Monthly Cash Flow | $185 | $300 |
City averages based on Chula Vista market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,371 |
| Total Monthly Debt Service | $2,981 |
| DSCR Ratio | 1.13x |
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.
Condo
Built in 1985
1.57 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 1985
1.57 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: Xitlaly Gonzalez-Hernandez • eXp Realty of Southern Calif.
Mls Name: CRMLS
Mls ID: #PTP2506596