
1228 Tower Drive
Ctop 80%Vista, CA 92083
Pass at asking: -$4,905/mo full cashflow at 20% down, 7.36% rate.
Works at $458,191 (58% under asking), or at 85% down.
Rent $4,548/mo from 18 leases of houses within 2 mi, size-adjusted ($4,826–$5,491).
Beds
5
Baths
3
Sqft
2,690
Year Built
1981
Days on Market
128
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2606464
This property is in Vista (92083). Browse neighborhood analytics →
About This Property
?? A Beautiful Home — With an Opportunity to Make It Even More Affordable! Looking for a little more buying power? The seller is willing to seriously consider contributing to a mortgage interest-rate buydown, potentially lowering your monthly payments and making this beautiful home even more attractive. Take a closer look at what this property offers! Sweeping panoramic views, refreshing ocean breezes, and a private, elevated setting distinguish 1228 Tower Drive from the moment you arrive. This 5-bedroom, 3-bath split-level home sits on a large, usable lot with no HOA and no Mello-Roos. The bright main living level features brand-new flooring, a fireplace, and comfortable flow between the living, dining, and kitchen areas. A newly installed heating system is another recent improvement. The split-level floor plan provides added flexibility, including a spacious lower-level bonus room suitable for a media room, game room, home gym, art studio, or multi-generational living area. A portion of the garage has also been converted into an additional bedroom and bathroom; permit status is unknown. Outside, the generous lot provides room for gardens, outdoor entertaining, play space, or a future pool while taking advantage of the property's privacy and afternoon breezes. Shopping, dining, schools and parks are nearby, with the coast just a short drive away.
Mortgage Calculator
Est. Monthly Payment
$7,490
Location
Loading map...
Zoned Schools
Elementary
Hannalei 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.
Comparable Properties
3 comps foundThis Property
$4,548
Comp Average
$4,998
1340 Dorsey Way
4bd / 3ba · 2,256 sqft · Single Family
$879K
Est. $4,500/mo
1229 Sandra Circle
4bd / 3.5ba · 3,034 sqft · Single Family
$1.20M
Est. $5,045/mo
523 Hatherly St
6bd / 5ba · 3,426 sqft · Single Family
$1.38M
Est. $5,448/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
18 leases of houses within 2 mi, size-adjusted · $4,826–$5,491
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,905/mo short at 20% down; 85% down or +$6,370/mo rent closes it.
- Break-even price
- $458,191
- Break-even rent
- $10,918/mo
- Cashflow at 35% down
- −$3,767/mo
- Down payment to break even
- 85%
- Rate to break even
- Not reachable
58% under asking
$6,370/mo above the estimate
$935,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
Open Full Calculator