1508 Circa Del Lago UNIT B305San MarcosCA92078
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1508 Circa Del Lago UNIT B305, San Marcos, CA, 92078 listed at $365,000 pairs $2,515/mo rent with a $1,786/mo payment to leave $258/mo cash flow. Total monthly income runs $2,515/mo, and annual cash flow reaches $3,090/yr on $120,998 cash to close. Return on cash invested measures 22.46% in year one, and rental yield registers 8.27% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 116.54% and total cumulative return in cash totals $141,007. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,515/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
1.09 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rita Haupt • @Vantage Real Estate
Mls Name: CRMLS
Mls ID: #OC25180238