512 Allspice WayOceansideCA92057
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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 512 Allspice Way, Oceanside, CA, 92057 priced at $489,000 converts $3,089/mo rent into $64/mo cash flow after a $2,393/mo obligation. Total monthly income equals $3,089/mo, and annual cash flow totals $772/yr on $162,104 invested. Return on cash invested prints 20.39% in year one, and rental yield reads 7.58% against a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation compiles into $135,102 by year five. Five-year ROI reaches 105.41% and total cumulative return in cash sums $170,866. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,089/mo property income covering a $2,393/mo payment, not borrower’s personal income.
Single Family
Built in 1977
1,952 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92057, Oceanside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,327 (100%) |
| Owner Occupied HU | 13,437 (66.1%) |
| Renter Occupied HU | 6,049 (29.8%) |
| Vacant Housing Units | 841 ( 4.1%) |
| Median Home Value | $787,909 |
| Average Home Value | $801,460 |
Housing Distribution
Address Breakdown
Residential
19,670
Single Family
18,356
Multi-Family
1,314
Businesses
237
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Listed by: Scott Lytle • Compass
Mls Name: CRMLS
Mls ID: #OC25161455