245 Violet AveSan MarcosCA92078
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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
Rental property for sale in San Marcos at 245 Violet Ave, San Marcos, CA, 92078 offers $4,879/mo rent that, after a $6,823/mo payment. Total monthly income is $4,879/mo. Return on cash invested measures 10.42% in year one, and rental yield stands at 4.2% at a $1,394,000 entry. Equity gained on principal adds $8,995/yr while 5% annual appreciation compounds into $385,137 by year five. Five-year ROI records 51.86% and total cumulative return in cash reaches $234,248. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,879/mo property income versus a $6,823/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
6,556 sqft 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
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Listed by: Nicolas Jonville • Keller Williams Realty
Mls Name: CRMLS
Mls ID: #NDP2506573