359 N Melrose Dr N #HVistaCA92083
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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
Rental property for sale in Vista at 359 N Melrose Dr N #H, Vista, CA, 92083 priced at $524,999 pairs $3,437/mo rent with after a $2,570/mo payment. Total monthly income equals $3,437/mo. Return on cash invested is 17.62% in year one, and rental yield stands at 7.86% on a $524,999 basis. Equity gained on principal adds $3,388/yr, and 5% annual appreciation accumulates to $145,048 by year five. Five-year ROI measures 91.89% and total cumulative return in cash reaches $158,720. For financing, Ziffy Mortgage’s DSCR program evaluates $3,437/mo property income against a $2,570/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
$540 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92083, Vista, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,140 (100%) |
| Owner Occupied HU | 5,954 (49.0%) |
| Renter Occupied HU | 5,813 (47.9%) |
| Vacant Housing Units | 373 ( 3.1%) |
| Median Home Value | $698,877 |
| Average Home Value | $732,536 |
Housing Distribution
Address Breakdown
Residential
11,891
Single Family
9,192
Multi-Family
2,699
Businesses
872
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Listed by: Jim Bottrell • eXp of Greater Los Angeles, Inc
Mls Name: My State MLS
Mls ID: #11556356