523 Vulcan Avenue
1 / 20

523 Vulcan Avenue

A

Encinitas, CA 92024

$99,000
NEW — 2d

Beds

1

Baths

1

Sqft

374

Year Built

1962

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2603489

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

Discover the essence of Leucadia living at Sea Aire, nestled in the heart of this vibrant community. This charming tiny home embodies everything you love about coastal living. Open floorplan with vaulted ceilings, spacious yard, laundry hookups inside and laundry hookups outside, spacious storage shed. Remodeled kitchen with granite countertops. Perfectly situated near the beach, shops, schools, Farmer's Market, restaurants, and public transit, this home offers both convenience and coastal charm. Enjoy the community amenities including a serene community garden and refreshing pool. Land lease of $1,500 and no property tax, this is an affordable opportunity to live in one of Encinitas' most sought-after neighborhoods. Please note, rentals of any kind are not permitted, ensuring a tranquil and cohesive community atmosphere.

Mortgage Calculator

Est. Monthly Payment

$628

Principal & Interest$501
Property Tax$99
Insurance$29
%($19,800)
%

Location

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Comparable Properties

1 comp found

This Property

$1,200

vs

Comp Average

$1,200

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

100A
Est. Monthly Rent
$1,200
Monthly Cashflow

Rent − PITIA

+$571
Full Cashflow

Incl. vacancy, PM, maint, capex

+$213

Mortgage (P+I)
$501
Cap Rate
8.65%
Cash-on-Cash
12.90%
DSCR
1.91
Break-even Rent
$924

NOI (Annual)
$8,562
Price-to-Rent

Lower = better for investors

6.9

* 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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