297 Indiana Ave

El Cajon, San Diego, CA · 76 days on market · View on Zillow

297 Indiana Ave

$650K somewhere else buys…

3 bedrooms · 3 baths · 1,865 sqft · 1,345 sqft lot

Built 2006 · 2 Attached Garage spaces · Pool · $349/sqft (city median $715)

Seller is motivated to help make homeownership more affordable and will consider a closing-cost credit for the buyer. Enjoy PAID OFF SOLAR at this this exceptional turn-key END UNIT row home located within the highly sought-after gated community of Park Avenue Homes.

What this place offers

  • Private pool
  • Cooling: Central Air
  • 2 Attached Garage spaces
  • Garage
  • Top school rating 7/10 nearby
  • HOA $118 monthly

The numbers

$8K/yr

Property tax (actual rate)

$2K/yr

Insurance (quoted)

Price history

2006$458,000
2008$398,900
2009$289,000
2026 (asking)$650,000

Up 42% since 2006

$650,000

Down payment20% · $130,000
%
Mortgage (principal + interest)$3,253
Property tax$634
Home insurance$195
HOA / maintenance$118
All-in monthly$4,199/mo

You'd need about $179,973/yr in household income (28% rule) plus $130,000 in cash.

Would rent for ~$3,755/mo · 6.9% gross yield

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