1401 El Norte Pkwy SPC 174San MarcosCA92069
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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 1401 El Norte Pkwy SPC 174, San Marcos, CA, 92069 offers a 10.19% rental yield on a $453,800 purchase with $3,852/mo rent. Total monthly income registers $3,852/mo, and a $2,221/mo payment leaves $1,045/mo available for distribution. Annual cash flow reaches $12,538/yr on $150,435 to close, and return on cash invested stands at 28.24% in year one. Equity gained on principal adds $2,928/yr while 5% annual appreciation supports $125,377 over five years. Portfolio math shows five-year ROI at 147.52% and total cumulative return in cash at $221,927. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,852/mo property income against a $2,221/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
45.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92069, San Marcos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,165 (100%) |
| Owner Occupied HU | 8,635 (53.4%) |
| Renter Occupied HU | 6,949 (43.0%) |
| Vacant Housing Units | 581 ( 3.6%) |
| Median Home Value | $831,761 |
| Average Home Value | $858,453 |
Housing Distribution
Address Breakdown
Residential
16,064
Single Family
13,543
Multi-Family
2,521
Businesses
1,257
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Listed by: Sue Redding • Realty ONE Group Pacific
Mls Name: CRMLS
Mls ID: #NDP2510112