955 Howard Ave SPACE 40EscondidoCA92029
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 955 Howard Ave SPACE 40, Escondido, CA, 92029 in Escondido. At $269,000 it earns $1,887/mo in rent and distributes $223/mo to the owner after the $1,210/mo payment, a consistent 8.42% yield. DSCR 1.56 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $74,320 in value; $2,478/yr in principal paydown compounds ownership stake. Total projected return: $116,329.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.0% |
| Monthly Cash Flow | $223 | $1,500 |
City averages based on Escondido market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,887 |
| Total Monthly Debt Service | $1,557 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 1974
6.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92029, Escondido, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,313 (100%) |
| Owner Occupied HU | 5,953 (71.6%) |
| Renter Occupied HU | 2,007 (24.1%) |
| Vacant Housing Units | 353 ( 4.2%) |
| Median Home Value | $970,962 |
| Average Home Value | $1,022,762 |
Housing Distribution
Address Breakdown
Residential
7,963
Single Family
6,973
Multi-Family
990
Businesses
1,214
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
Manufactured
Built in 1974
6.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92029, Escondido, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,313 (100%) |
| Owner Occupied HU | 5,953 (71.6%) |
| Renter Occupied HU | 2,007 (24.1%) |
| Vacant Housing Units | 353 ( 4.2%) |
| Median Home Value | $970,962 |
| Average Home Value | $1,022,762 |
Housing Distribution
Address Breakdown
Residential
7,963
Single Family
6,973
Multi-Family
990
Businesses
1,214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cecil Shuffler • Willis Allen Real Estate
Mls Name: CRMLS
Mls ID: #PTP2504679