615 Fredricks Ave UNIT 149OceansideCA92058
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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 149, Oceanside, CA, 92058 earns $718/mo cash flow from $3,347/mo rent with a $2,080/mo payment. Total monthly income totals $3,347/mo, and annual cash flow totals $8,618/yr on $140,854 capital. ROI tracks 26.03% on current figures, and rental yield reads 9.45% at a $424,900 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 over five years. Five-year ROI reaches 135.67% and total cumulative return in cash sums $191,097. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,347/mo property income instead of your personal income.
Condo
Built in 1978
1.70 Acres 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: Michael D Solis • Keller Williams San Diego Metro
Mls Name: SDMLS
Mls ID: #250040037