873 Cayley AveSan MarcosCA92069
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.49% gross rental yield, 873 Cayley Ave, San Marcos, CA, 92069 in San Marcos is priced for capital growth, not immediate cash flow. The $1,648,800 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $455,533 by year five, with $15,186/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.65) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $277,723.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 6.5% |
| Monthly Cash Flow | $(5,400) | $300 |
City averages based on San Marcos market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,800 |
| Total Monthly Debt Service | $9,544 |
| DSCR Ratio | 0.50x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
7,363 sqft 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
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
Single Family
Built in 2023
7,363 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Copeland • Pacific Sotheby's Int'l Realty
Mls Name: CRMLS
Mls ID: #NDP2509751