1616 Circa Del Lago UNIT C103San 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 1616 Circa Del Lago UNIT C103, San Marcos, CA, 92078 listed at $389,000 pairs $3,649/mo rent with a $1,904/mo payment to leave $1,243/mo cash flow. Total monthly income runs $3,649/mo, and annual cash flow reaches $14,910/yr on $128,954 cash to close. Return on cash invested measures 31.47% in year one, and rental yield registers 11.26% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 164.85% and total cumulative return in cash totals $212,586. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,649/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
1.37 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: Sharon Jenkins • Sharon Jenkins Real Estate
Mls Name: CRMLS
Mls ID: #NDP2510537