275 Richland RdSan MarcosCA92069
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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
Investment property for sale in San Marcos at 275 Richland Rd, San Marcos, CA, 92069 at $699,000 posts ROI 20.88% with $157/mo cash flow from $4,481/mo rent. Total monthly income equals $4,481/mo, and annual cash flow records $1,885/yr on $229,971 to close. Return on cash invested measures 20.88% and rental yield reads 7.69% at the current $699,000. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 by year five. Five-year ROI prints 108.02% and total cumulative return in cash totals $248,426.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,481/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92069, San Marcos, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,165 (100%) |
| Owner Occupied HU | 8,635 (53.4%) |
| Renter Occupied HU | 6,949 (43.0%) |
| Vacant Housing Units | 581 ( 3.6%) |
| Median Home Value | $831,761 |
| Average Home Value | $858,453 |
Housing Distribution
Address Breakdown
Residential
16,064
Single Family
13,543
Multi-Family
2,521
Businesses
1,257
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Listed by: Juan Pablo Montes Arauz • Renovation Realty
Mls Name: SDMLS
Mls ID: #250039291