2256 Flatiron WaySan MarcosCA92078
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2256 Flatiron Way, San Marcos, CA, 92078 in San Marcos: $6,881/mo in rent, $329/mo in net income, 8.78% gross yield, 1.63 DSCR, all at $939,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $259,677 in appreciation and $8,657/yr in principal paydown projects total cumulative return of $380,807.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.5% |
| Monthly Cash Flow | $329 | $300 |
City averages based on San Marcos market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,881 |
| Total Monthly Debt Service | $6,178 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 2010
0.66 Acres lot
$N/A/sqft
$344 monthly 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
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
Townhouse
Built in 2010
0.66 Acres lot
$N/A/sqft
$344 monthly 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