508 N Tremont St UNIT BOceansideCA92054
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 508 N Tremont St UNIT B, Oceanside, CA, 92054 in Oceanside: $13,278/mo in rent, $1,644/mo in net income, 8.85% gross yield, 1.64 DSCR, all at $1,799,888. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $497,276 in appreciation and $16,577/yr in principal paydown projects total cumulative return of $790,464.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 5.1% |
| Monthly Cash Flow | $1,644 | $1,200 |
City averages based on Oceanside market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $13,278 |
| Total Monthly Debt Service | $10,918 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2023
N/A lot
$N/A/sqft
$500 monthly 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
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
Condo
Built in 2023
N/A lot
$N/A/sqft
$500 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices