1811 E Grand Ave UNIT 89EscondidoCA92027
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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 Escondido at 1811 E Grand Ave UNIT 89, Escondido, CA, 92027 offers a 10.51% rental yield on a $344,000 purchase with $3,012/mo rent. Total monthly income registers $3,012/mo, and a $1,684/mo payment leaves $884/mo available for distribution. Annual cash flow reaches $10,604/yr on $114,036 to close, and return on cash invested stands at 29.21% in year one. Equity gained on principal adds $2,220/yr while 5% annual appreciation supports $95,041 over five years. Portfolio math shows five-year ROI at 152.7% and total cumulative return in cash at $174,134. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,012/mo property income against a $1,684/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
8.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92027, Escondido, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,443 (100%) |
| Owner Occupied HU | 10,576 (60.6%) |
| Renter Occupied HU | 6,438 (36.9%) |
| Vacant Housing Units | 429 ( 2.5%) |
| Median Home Value | $756,629 |
| Average Home Value | $794,806 |
Housing Distribution
Address Breakdown
Residential
17,359
Single Family
14,911
Multi-Family
2,448
Businesses
383
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Listed by: Nick Atkin • Atkin Homes Corp.
Mls Name: SDMLS
Mls ID: #2600293