248 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 248 Violet Ave, San Marcos, CA, 92078 priced at $1,489,000 pairs $7,238/mo rent with after a $7,288/mo payment. Total monthly income equals $7,238/mo. Return on cash invested is 15.46% in year one, and rental yield stands at 5.83% on a $1,489,000 basis. Equity gained on principal adds $9,608/yr, and 5% annual appreciation accumulates to $411,383 by year five. Five-year ROI measures 78.89% and total cumulative return in cash reaches $380,594. For financing, Ziffy Mortgage’s DSCR program evaluates $7,238/mo property income against a $7,288/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
6,098 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: Catherine Adair • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #NDP2507644