1240 N Broadway #30EscondidoCA92026
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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 Escondido at 1240 N Broadway #30, Escondido, CA, 92026 offers a 9.22% rental yield on a $399,000 purchase with $3,064/mo rent. Total monthly income registers $3,064/mo, and a $1,953/mo payment leaves $596/mo available for distribution. Annual cash flow reaches $7,147/yr on $132,269 to close, and return on cash invested stands at 25.31% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 131.82% and total cumulative return in cash at $174,350. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,064/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
4.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92026, Escondido, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,944 (100%) |
| Owner Occupied HU | 11,642 (58.4%) |
| Renter Occupied HU | 7,211 (36.2%) |
| Vacant Housing Units | 1,091 ( 5.5%) |
| Median Home Value | $800,969 |
| Average Home Value | $875,466 |
Housing Distribution
Address Breakdown
Residential
18,849
Single Family
15,916
Multi-Family
2,933
Businesses
321
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Listed by: Adrian Madrigal • Real Brokerage Technologies
Mls Name: CRMLS
Mls ID: #IG25236314