151 Montessa WaySan 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
Rental property for sale in San Marcos at 151 Montessa Way, San Marcos, CA, 92069 priced at $1,579,000 pairs $6,843/mo rent with after a $7,728/mo payment. Total monthly income equals $6,843/mo. Return on cash invested is 13.51% in year one, and rental yield stands at 5.2% on a $1,579,000 basis. Equity gained on principal adds $10,189/yr, and 5% annual appreciation accumulates to $436,249 by year five. Five-year ROI measures 68.43% and total cumulative return in cash reaches $350,062. For financing, Ziffy Mortgage’s DSCR program evaluates $6,843/mo property income against a $7,728/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
9,583 sqft 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: Eric C Hellon • Redfin Corporation
Mls Name: SDMLS
Mls ID: #250032718