268 Festival DrOceansideCA92057
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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
Investment Highlights
Investment property for sale in Oceanside at 268 Festival Dr, Oceanside, CA, 92057 with 5% annual appreciation on a $624,900 basis while $3,944/mo rent supports operations. Total monthly income totals $3,944/mo and a $3,059/mo payment preserves $78/mo for cash returns. Annual cash flow comes to $934/yr on $205,592 deployed, and return on cash invested reaches 20.51% in year one. Equity gained on principal adds $4,032/yr, and five-year appreciation sums $172,648 alongside rental yield of 7.57%. Five-year ROI measures 106.05% and total cumulative return in cash totals $218,033.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,944/mo property income versus a $3,059/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92057, Oceanside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,327 (100%) |
| Owner Occupied HU | 13,437 (66.1%) |
| Renter Occupied HU | 6,049 (29.8%) |
| Vacant Housing Units | 841 ( 4.1%) |
| Median Home Value | $787,909 |
| Average Home Value | $801,460 |
Housing Distribution
Address Breakdown
Residential
19,670
Single Family
18,356
Multi-Family
1,314
Businesses
237
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Listed by: Andrew Chance • LPT Realty,Inc
Mls Name: SDMLS
Mls ID: #250034876