1823 Castle GlnEscondidoCA92029
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 1823 Castle Gln, Escondido, CA, 92029 in Escondido. Rental yield 6.37%. The 1.18 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $207,184 and $6,907/yr in principal reduction project total return of $241,820.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 6.0% |
| Monthly Cash Flow | $(911) | $1,500 |
City averages based on Escondido market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,978 |
| Total Monthly Debt Service | $4,341 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92029, Escondido, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,313 (100%) |
| Owner Occupied HU | 5,953 (71.6%) |
| Renter Occupied HU | 2,007 (24.1%) |
| Vacant Housing Units | 353 ( 4.2%) |
| Median Home Value | $970,962 |
| Average Home Value | $1,022,762 |
Housing Distribution
Address Breakdown
Residential
7,963
Single Family
6,973
Multi-Family
990
Businesses
1,214
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
Single Family
Built in 1979
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92029, Escondido, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,313 (100%) |
| Owner Occupied HU | 5,953 (71.6%) |
| Renter Occupied HU | 2,007 (24.1%) |
| Vacant Housing Units | 353 ( 4.2%) |
| Median Home Value | $970,962 |
| Average Home Value | $1,022,762 |
Housing Distribution
Address Breakdown
Residential
7,963
Single Family
6,973
Multi-Family
990
Businesses
1,214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared Lawrence • Palisade Realty, Inc
Mls Name: CRMLS
Mls ID: #PTP2601359