387 N Melrose Dr UNIT DVistaCA92083
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Vista at 387 N Melrose Dr UNIT D, Vista, CA, 92083 earns $1,180/mo cash flow from $3,499/mo rent with a $1,835/mo payment. Total monthly income totals $3,499/mo, and annual cash flow totals $14,155/yr on $124,313 capital. ROI tracks 31.3% on current figures, and rental yield reads 11.2% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 163.89% and total cumulative return in cash sums $203,739. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,499/mo property income instead of your personal income.
Condo
Built in 1984
1.32 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsey Haworth • Four Seasons Properties
Mls Name: SDMLS
Mls ID: #250045325