908 S Sunshine Ave UNIT 18El 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 908 S Sunshine Ave UNIT 18, El Cajon, CA, 92020 earns $517/mo cash flow from $2,806/mo rent with a $1,811/mo payment. Total monthly income totals $2,806/mo, and annual cash flow totals $6,205/yr on $122,655 capital. ROI tracks 24.97% on current figures, and rental yield reads 9.1% at a $369,999 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 130% and total cumulative return in cash sums $159,449. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,806/mo property income instead of your personal income.
Condo
Built in 1990
0.79 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: Branden Yousif • LPT Realty
Mls Name: CRMLS
Mls ID: #NDP2509916