615 Fredricks Ave UNIT 134OceansideCA92058
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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
Investment property for sale in Oceanside at 615 Fredricks Ave UNIT 134, Oceanside, CA, 92058 earns $212/mo cash flow from $1,727/mo rent with a $1,199/mo payment. Total monthly income totals $1,727/mo, and annual cash flow totals $2,538/yr on $81,218 capital. ROI tracks 23.03% on current figures, and rental yield reads 8.46% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 119.62% and total cumulative return in cash sums $97,152. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,727/mo property income instead of your personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92058, Oceanside, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,152 (100%) |
| Owner Occupied HU | 4,350 (30.7%) |
| Renter Occupied HU | 8,246 (58.3%) |
| Vacant Housing Units | 1,556 (11.0%) |
| Median Home Value | $693,384 |
| Average Home Value | $725,133 |
Housing Distribution
Address Breakdown
Residential
14,572
Single Family
12,432
Multi-Family
2,140
Businesses
586
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Listed by: J.C. Agajanian • eXp Realty of California, Inc.
Mls Name: SDMLS
Mls ID: #250042813