650 S Rancho Santa Fe Rd S #351San MarcosCA92078
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
Investment property for sale in San Marcos at 650 S Rancho Santa Fe Rd S #351, San Marcos, CA, 92078 uses $116,025 cash to close to unlock $15,707/yr annual cash flow and $1,309/mo monthly cash flow. Total monthly income runs $3,474/mo, and a $1,713/mo payment keeps the spread at $1,309/mo. Purchase price stands at $350,000, and rental yield measures 11.91% with $3,474/mo rent. Return on cash invested shows 33.45% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 175.42% and total cumulative return in cash records $203,534. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,474/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Manufactured
Built in 1976
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelly Festa • LPT Realty, Inc
Mls Name: CRMLS
Mls ID: #SW25266398