2142 Ridgeview PlEscondidoCA92026
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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 2142 Ridgeview Pl, Escondido, CA, 92026 offers a 7.6% rental yield on a $629,000 purchase with $3,985/mo rent. Total monthly income registers $3,985/mo, and a $3,079/mo payment leaves $94/mo available for distribution. Annual cash flow reaches $1,122/yr on $206,941 to close, and return on cash invested stands at 20.6% in year one. Equity gained on principal adds $4,059/yr while 5% annual appreciation supports $173,781 over five years. Portfolio math shows five-year ROI at 106.53% and total cumulative return in cash at $220,449. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,985/mo property income against a $3,079/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1973
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92026, Escondido, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,944 (100%) |
| Owner Occupied HU | 11,642 (58.4%) |
| Renter Occupied HU | 7,211 (36.2%) |
| Vacant Housing Units | 1,091 ( 5.5%) |
| Median Home Value | $800,969 |
| Average Home Value | $875,466 |
Housing Distribution
Address Breakdown
Residential
18,849
Single Family
15,916
Multi-Family
2,933
Businesses
321
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Listed by: Nick Atkin • Atkin Homes Corp.
Mls Name: SDMLS
Mls ID: #250045550