The property at 250 Rancho Santa Fe Rd in Encinitas has a strong rent potential, estimated at around $16K per month. Given its single-family nature with 4 beds and 2.5 baths, the desirable Olivenhain neighborhood contributes to its appeal. The property’s estimated value ranges from $2.6M to $2.8M, indicating a robust real estate market. With a payback period of approximately 15 years, it’s a solid investment. However, the lack of multi-family units presents a challenge for scaling rental income.
To enhance value, consider modernizing the interior and adding sustainable features, potentially increasing rent and attracting eco-conscious tenants. If selling, emphasize the spacious layout and prime location in Encinitas, a hot market. Highlight recent market trends showing increasing property values to entice buyers. Additionally, consider marketing the potential for future development or expansion to increase rental units.