971 Borden Rd SPACE 75San MarcosCA92069
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 971 Borden Rd SPACE 75, San Marcos, CA, 92069 in San Marcos deserves attention. This $429,500 property earns $4,000/mo in rent, a 11.17% gross yield, and nets $1,343/mo after the $1,931/mo payment. DSCR 2.07 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $118,663 compounds alongside $3,956/yr in yearly equity build, for a total cumulative return of $249,337.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.5% |
| Monthly Cash Flow | $1,343 | $300 |
City averages based on San Marcos market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,000 |
| Total Monthly Debt Service | $2,486 |
| DSCR Ratio | 1.61x |
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 2025
3,580 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
Manufactured
Built in 2025
3,580 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: Sean Feeney • Sean Feeney, Broker
Mls Name: CRMLS
Mls ID: #NDP2506703