
1229 Sandra Circle
Ctop 80%Vista, CA 92083
Pass at asking: -$5,279/mo full cashflow at 20% down, 7.36% rate.
Works at $508,349 (58% under asking), or at 84% down.
Rent $5,045/mo from 11 leases of 3–5 bed houses within 2 mi ($5,246–$5,665).
Beds
4
Baths
3.5
Sqft
3,034
Year Built
1985
Days on Market
62
Property Type
Single Family
HOA/mo
N/A
MLS ID
260022320SD
This property is in Vista (92083). Browse neighborhood analytics →
About This Property
1229 Sandra Circle is a lovely 4 bedroom, 3.5 bath home, offering generous sized bedrooms and living spaces,opening out to a large outdoor deck, as well as a lower yard area with tons of potential, along with a side entrance to exterior access to a JADU studio on the bottom level. The JADU has a smaller sized fridge and sink for the kitchenette, with the potential to add a permanent cooktop. 3 bedrooms, 2.5 baths, 2 living rooms, an updated kitchen with space for a dining area, deck access, laundry and garage are all on the main single level floor, with stairs leading to a lower level living/den/multipurpose room with fireplace, also with access to the lower yard through french doors. Lots of potential to update and improve the landscape and yard areas, photo renderings reflect just a start of what can be created on the exterior spaces. Updated finishes throughout, with timeless materials such as rich wood look porcelain tiled floors, nicely appointed finishes, cabinetry and appliances, and bathroom updates, along with the lower studio unit make this a great versatile property. Location wise, every day as you come and go from this property, you wind through the hills of Phillips road, which offers classic Vista views of homes layered into the hillsides to the east, along with great 78 fwy access via Mar Vista road, along with downtown Vista, Brengle Terrace Park, Moonlight amphitheater, and more all just minutes away, and beaches and the coast about 11 miles away. City sewer and SDGE gas services, no septic or propane, and no HOA. *Some photos rendered for idea purposes.
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Est. Monthly Payment
$8,164
Location
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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
5 comps foundThis Property
$5,045
Comp Average
$4,989
1340 Dorsey Way
4bd / 3ba · 2,256 sqft · Single Family
$879K
Est. $4,500/mo
702 Passion Court
3bd / 3ba · 2,006 sqft · Single Family
$895K
Est. $4,621/mo
1512 Leonis Pl
6bd / 2.5ba · 3,580 sqft · Single Family
$1.27M
Est. $5,829/mo
1228 Tower Drive
5bd / 3ba · 2,690 sqft · Single Family
$1.10M
Est. $4,548/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
11 leases of 3–5 bed houses within 2 mi · $5,246–$5,665
Blended 50/50 with the zip's market median ($4,595)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,279/mo short at 20% down; 84% down or +$6,855/mo rent closes it.
- Break-even price
- $508,349
- Break-even rent
- $11,900/mo
- Cashflow at 35% down
- −$4,038/mo
- Down payment to break even
- 84%
- Rate to break even
- Not reachable
58% under asking
$6,855/mo above the estimate
$1,007,160 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.
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