265 Fraxinella StEncinitasCA92024
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
Investment Highlights
Rental property for sale in Encinitas at 265 Fraxinella St, Encinitas, CA, 92024 offers $4,136/mo rent that, after a $5,996/mo payment. Total monthly income is $4,136/mo. Return on cash invested measures 9.96% in year one, and rental yield stands at 4.05% at a $1,225,000 entry. Equity gained on principal adds $7,905/yr while 5% annual appreciation compounds into $338,445 by year five. Five-year ROI records 49.4% and total cumulative return in cash reaches $196,080. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,136/mo property income versus a $5,996/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1971
5,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92024, Encinitas, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,979 (100%) |
| Owner Occupied HU | 13,451 (61.2%) |
| Renter Occupied HU | 6,872 (31.3%) |
| Vacant Housing Units | 1,656 ( 7.5%) |
| Median Home Value | $1,556,280 |
| Average Home Value | $1,573,906 |
Housing Distribution
Address Breakdown
Residential
20,654
Single Family
18,109
Multi-Family
2,545
Businesses
2,033
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judy Szamos • HomeSmart Realty West
Mls Name: CRMLS
Mls ID: #NDP2508122