1175 La Moree Rd SPACE 24San MarcosCA92078
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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 San Marcos at 1175 La Moree Rd SPACE 24, San Marcos, CA, 92078 offers a 9.21% rental yield on a $420,000 purchase with $3,222/mo rent. Total monthly income registers $3,222/mo, and a $2,056/mo payment leaves $624/mo available for distribution. Annual cash flow reaches $7,482/yr on $139,230 to close, and return on cash invested stands at 25.28% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 131.66% and total cumulative return in cash at $183,307. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,222/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1978
20.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92078, San Marcos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,488 (100%) |
| Owner Occupied HU | 12,924 (66.3%) |
| Renter Occupied HU | 5,628 (28.9%) |
| Vacant Housing Units | 936 ( 4.8%) |
| Median Home Value | $963,925 |
| Average Home Value | $1,041,277 |
Housing Distribution
Address Breakdown
Residential
18,839
Single Family
16,170
Multi-Family
2,669
Businesses
1,462
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Listed by: Estela Thompson • Waypoint Realty Group
Mls Name: CRMLS
Mls ID: #NDP2511179