638 Sumner Way UNIT 2OceansideCA92058
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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
Total monthly income runs $4,547/mo, and a $3,671/mo payment. Purchase price stands at $750,000, and rental yield measures 7.28% with $4,547/mo rent. Return on cash invested shows 19.61% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 101.21% and total cumulative return in cash records $249,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,547/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Townhouse
Built in 2003
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: Donald Engle • Harcourts One
Mls Name: CRMLS
Mls ID: #NDP2507060