9255 N Magnolia Ave SPC 339SanteeCA92071
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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 SPC 339, Santee, CA, 92071 generates $3,006/mo in rent and, after a $1,933/mo payment, leaves $563/mo in cash flow. Total monthly income is $3,006/mo, and annual cash flow is $6,753/yr on $130,943 invested. Return on cash invested sits at 25.07% in year one, and rental yield is 9.13% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 130.49% and total cumulative return in cash sums $170,862. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,006/mo property income rather than buyer’s personal income.
Manufactured
Built in 1981
N/A 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: Timothy J Tusa • eXp Realty of Southern California, Inc.
Mls Name: SDMLS
Mls ID: #2600167