423 S Nevada StOceansideCA92054
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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 Oceanside at 423 S Nevada St, Oceanside, CA, 92054 priced at $1,749,000 pairs $6,504/mo rent with after a $8,560/mo payment. Total monthly income equals $6,504/mo. Return on cash invested is 11.23% in year one, and rental yield stands at 4.46% on a $1,749,000 basis. Equity gained on principal adds $11,286/yr, and 5% annual appreciation accumulates to $483,216 by year five. Five-year ROI measures 56.2% and total cumulative return in cash reaches $318,499. For financing, Ziffy Mortgage’s DSCR program evaluates $6,504/mo property income against a $8,560/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92054, Oceanside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,527 (100%) |
| Owner Occupied HU | 6,354 (34.3%) |
| Renter Occupied HU | 9,312 (50.3%) |
| Vacant Housing Units | 2,861 (15.4%) |
| Median Home Value | $945,467 |
| Average Home Value | $1,045,752 |
Housing Distribution
Address Breakdown
Residential
16,821
Single Family
11,982
Multi-Family
4,839
Businesses
1,482
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Listed by: Hillary Person Biscay • Compass
Mls Name: SDMLS
Mls ID: #2601009