517 Calle Montecito UNIT 91OceansideCA92057
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 Oceanside at 517 Calle Montecito UNIT 91, Oceanside, CA, 92057 uses $131,241 cash to close to unlock $5,960/yr annual cash flow and $497/mo monthly cash flow. Total monthly income runs $2,946/mo, and a $1,938/mo payment keeps the spread at $497/mo. Purchase price stands at $395,900, and rental yield measures 8.93% with $2,946/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $109,380 over five years. Five-year ROI reaches 127.2% and total cumulative return in cash records $166,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,946/mo property income covering a $1,938/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Flanders • Coldwell Banker Assoc Brkr-SC
Mls Name: CRMLS
Mls ID: #SW25240667