1192 Caren Road
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1192 Caren Road

Ctop 80%

Vista, CA 92083

$925,000

Pass at asking: -$4,121/mo full cashflow at 20% down, 7.36% rate.

Works at $385,730 (58% under asking), or at 85% down.

Rent $3,829/mo from 13 leases of 3-bed houses within 2 mi ($3,561–$4,291).

Beds

3

Baths

2

Sqft

1,504

Year Built

1977

Days on Market

51

Property Type

Single Family

HOA/mo

N/A

MLS ID

SW26206296

This property is in Vista (92083). Browse neighborhood analytics →

About This Property

Welcome to this charming 3-bedroom, 2-bathroom home nestled on a quiet cul-de-sac road in North San Diego County. approximately 1,504 square feet of comfortable living space on a 10,400-square-foot lot, this home combines everyday convenience with an easygoing Southern California lifestyle.Inside, you’ll find beautiful bamboo wood flooring, a freshly painted interior, ceiling fans throughout, and a newer A/C and heating system with central air for year-round comfort. The spacious layout provides plenty of room for relaxing and entertaining.Step outside to enjoy a low-maintenance rock landscape, relaxing patio area, mature fruit trees, and a large driveway with ample parking, complemented by a two-car garage. The private backyard offers a wonderful space for outdoor dining, gardening, or simply unwinding.Ideally located just 15 minutes from the beach and close to grocery stores and everyday conveniences. Enjoy the nearby charm of downtown Vista, with its restaurants, theater, coffee shops, and more. Conveniently located near schools serving grades K–12, making this an appealing location for a variety of lifestyles.With its quiet cul-de-sac road setting, spacious lot, comfortable interior, outdoor living areas, and convenient North County location, this home offers a wonderful opportunity to enjoy the best of coastal North San Diego County.No HOAall Square footage and property lines must be verified by buyers agent and or buyer.

Mortgage Calculator

Est. Monthly Payment

$6,298

Principal & Interest$5,103
Property Tax$925
Insurance$270
%($185,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Grapevine Elementary · grades K-5 · Vista Unified

  • Middle

    Madison Middle · grades 6-8 · Vista Unified

  • High

    Rancho Buena Vista High · grades 9-12 · Vista Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

24C
Est. Monthly Rent
$3,829

13 leases of 3-bed houses within 2 mi · $3,561–$4,291

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,469
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,121

What would make this work?

$4,121/mo short at 20% down; 85% down or +$5,352/mo rent closes it.

Break-even price

58% under asking

$385,730
Break-even rent

$5,352/mo above the estimate

$9,181/mo
Cashflow at 35% down
−$3,164/mo
Down payment to break even

$786,250 cash

85%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,103
Cap Rate
1.52%
Cash-on-Cash
-26.73%
DSCR

Need ≥ 1.25 for DSCR loan

0.61

NOI (Annual)
$14,087
Price-to-Rent

Lower = better for investors

20.1

* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$4,121/mo