9255 N Magnolia Ave SPACE 361SanteeCA92071
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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
Rental property for sale in Santee at 9255 N Magnolia Ave SPACE 361, Santee, CA, 92071 generates $3,481/mo in rent and, after a $2,251/mo payment, leaves $636/mo in cash flow. Total monthly income is $3,481/mo, and annual cash flow is $7,630/yr on $152,490 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 9.08% on a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 129.66% and total cumulative return in cash sums $197,725. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,481/mo property income rather than buyer’s personal income.
Manufactured
Built in 1981
51.19 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92071, Santee, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,507 (100%) |
| Owner Occupied HU | 15,309 (68.0%) |
| Renter Occupied HU | 6,547 (29.1%) |
| Vacant Housing Units | 651 ( 2.9%) |
| Median Home Value | $754,687 |
| Average Home Value | $775,783 |
Housing Distribution
Address Breakdown
Residential
21,475
Single Family
19,574
Multi-Family
1,901
Businesses
1,335
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Listed by: Deneen Maillet • Coldwell Banker West
Mls Name: CRMLS
Mls ID: #PTP2506781