868 E Alvarado StFallbrookCA92028
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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 Fallbrook at 868 E Alvarado St, Fallbrook, CA, 92028 offers $2,218/mo rent that, after a $1,664/mo payment, leaves $115/mo cash flow. Total monthly income is $2,218/mo, and annual cash flow is $1,378/yr on $112,710 cash. Return on cash invested measures 21.13% in year one, and rental yield stands at 7.83% at a $340,000 entry. Equity gained on principal adds $2,194/yr while 5% annual appreciation compounds into $93,936 by year five. Five-year ROI records 109.39% and total cumulative return in cash reaches $123,294. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,218/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1980
3.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92028, Fallbrook, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,960 (100%) |
| Owner Occupied HU | 13,007 (68.6%) |
| Renter Occupied HU | 4,967 (26.2%) |
| Vacant Housing Units | 986 ( 5.2%) |
| Median Home Value | $873,069 |
| Average Home Value | $950,504 |
Housing Distribution
Address Breakdown
Residential
18,715
Single Family
16,522
Multi-Family
2,193
Businesses
798
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Listed by: Alberto Ramos • eXp Realty of California, Inc.
Mls Name: CRMLS
Mls ID: #SW25246104