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412 9th Avenue

C

Escondido, CA 92025

$950,000
NEW — 0d

Beds

5

Baths

2.5

Sqft

1,970

Year Built

1954

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604424

This property is in Escondido (92025). View neighborhood stats →

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About This Property

TWO HOMES ON ONE LOT! RARE FIND! First home at address #412 is a 2 bedroom/1 bath, with private entry, parking and backyard. Second home addressed at #414 is a 3 bedroom/1.5 baths, also with private entry, parking and yard space. This is a UNIQUE real estate OPPORTUNITY that features these two single-family homes on a single lot. This multi-family property is perfect for an owner-occupant looking to live in one home and rent the second home! The rents collected can be possibly used towards rental creditor! Calling savvy investors seeking dual-income potential opportunity. Both homes are equipped with separate meters for water, gas, and electricity, ensuring effortless management and clear utility separation for tenants.

Mortgage Calculator

Est. Monthly Payment

$6,031

Principal & Interest$4,804
Property Tax$950
Insurance$277
%($190,000)
%

Location

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Investment Score

32C
Est. Monthly Rent
$4,275
Monthly Cashflow

Rent − PITIA

$-1,756
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,531

Mortgage (P+I)
$4,804
Cap Rate
1.61%
Cash-on-Cash
-22.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$8,860

NOI (Annual)
$15,277
Price-to-Rent

Lower = better for investors

18.5

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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