1502 Vanessa CirEncinitasCA92024
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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
Rental property for sale in Encinitas at 1502 Vanessa Cir, Encinitas, CA, 92024 generates $5,432/mo in rent, after a $7,317/mo payment. Total monthly income is $5,432/mo. Return on cash invested sits at 10.92% in year one, and rental yield is 4.36% on a $1,495,000 entry. Equity gained on principal adds $9,647/yr, while 5% annual appreciation builds toward $413,041 over five years. Five-year ROI reaches 54.51% and total cumulative return in cash sums $264,037. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,432/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92024, Encinitas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,979 (100%) |
| Owner Occupied HU | 13,451 (61.2%) |
| Renter Occupied HU | 6,872 (31.3%) |
| Vacant Housing Units | 1,656 ( 7.5%) |
| Median Home Value | $1,556,280 |
| Average Home Value | $1,573,906 |
Housing Distribution
Address Breakdown
Residential
20,654
Single Family
18,109
Multi-Family
2,545
Businesses
2,033
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Listed by: Kaye Atkins • Coldwell Banker West
Mls Name: CRMLS
Mls ID: #NDP2507328