987 Amistad Pl UNIT DEl CajonCA92019
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
Investment Highlights
Investment property for sale in El Cajon at 987 Amistad Pl UNIT D, El Cajon, CA, 92019 uses $147,517 cash to close to unlock $903/yr annual cash flow and $75/mo monthly cash flow. Total monthly income runs $2,828/mo, and a $2,178/mo payment keeps the spread at $75/mo. Purchase price stands at $444,999, and rental yield measures 7.63% with $2,828/mo rent. Return on cash invested shows 20.52% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 106.13% and total cumulative return in cash records $156,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,828/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92019, El Cajon, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,429 (100%) |
| Owner Occupied HU | 9,776 (63.4%) |
| Renter Occupied HU | 5,127 (33.2%) |
| Vacant Housing Units | 526 ( 3.4%) |
| Median Home Value | $880,528 |
| Average Home Value | $952,188 |
Housing Distribution
Address Breakdown
Residential
15,313
Single Family
13,866
Multi-Family
1,447
Businesses
431
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Aqrawi • San Diego Homes Realty
Mls Name: CRMLS
Mls ID: #PTP2505944