1215 Highbluff AveSan 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 1215 Highbluff Ave, San Marcos, CA, 92078 offers a 5.93% rental yield on a $885,000 purchase with $4,374/mo rent. 52% in year one. Equity gained on principal adds $5,711/yr while 5% annual appreciation supports $244,509 over five years. Portfolio math shows five-year ROI at 79.28% and total cumulative return in cash at $230,826. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,374/mo property income against a $4,332/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A 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: Jana Greene • Pacific Sotheby's Int'l Realty
Mls Name: CRMLS
Mls ID: #NDP2507420