792 Avocado Ave UNIT 29El CajonCA92020
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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 792 Avocado Ave UNIT 29, El Cajon, CA, 92020 uses $142,214 cash to close to unlock $46/yr annual cash flow and $4/mo monthly cash flow. Total monthly income runs $2,658/mo, and a $2,100/mo payment keeps the spread at $4/mo. Purchase price stands at $429,000, and rental yield measures 7.43% with $2,658/mo rent. Return on cash invested shows 19.94% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 103% and total cumulative return in cash records $146,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,658/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 1990
3.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92020, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,427 (100%) |
| Owner Occupied HU | 8,563 (38.2%) |
| Renter Occupied HU | 13,016 (58.0%) |
| Vacant Housing Units | 848 ( 3.8%) |
| Median Home Value | $859,223 |
| Average Home Value | $900,497 |
Housing Distribution
Address Breakdown
Residential
21,033
Single Family
13,921
Multi-Family
7,112
Businesses
2,417
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Listed by: Morris H Malakha • Compass
Mls Name: SDMLS
Mls ID: #250046168