400 N Melrose Dr SPACE 40VistaCA92083
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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 400 N Melrose Dr SPACE 40, Vista, CA, 92083 generates $1,617/mo in rent and, after a $1,125/mo payment, leaves $195/mo in cash flow. Total monthly income is $1,617/mo, and annual cash flow is $2,340/yr on $76,212 invested. Return on cash invested sits at 22.98% in year one, and rental yield is 8.44% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 119.38% and total cumulative return in cash sums $90,983. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,617/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
6.27 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
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Listed by: Al Escobedo • eXp Realty of Southern CA
Mls Name: CRMLS
Mls ID: #NDP2600157