








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Oceanside at 615 Fredricks Ave UNIT 145, Oceanside, CA, 92058 offers a 8.04% rental yield on a $460,000 purchase with $3,083/mo rent. Total monthly income registers $3,083/mo, and a $2,251/mo payment leaves $238/mo available for distribution. Annual cash flow reaches $2,854/yr on $152,490 to close, and return on cash invested stands at 21.78% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,090 over five years. Portfolio math shows five-year ROI at 112.87% and total cumulative return in cash at $172,117. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,083/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 92058, Oceanside, CA area.
| 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 |
Residential
14,572
Single Family
12,432
Multi-Family
2,140
Businesses
586
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Anastasia Colwell-Olsen • Compass
Mls Name: SDMLS
Mls ID: #250036735