
1340 Dorsey Way
Btop 30%Vista, CA 92083
Pass at asking: -$3,252/mo full cashflow at 20% down, 7.36% rate.
Works at $453,435 (48% under asking), or at 74% down.
Rent $4,500/mo from 10 leases of 4-bed houses within 2 mi ($4,415–$4,919).
Beds
4
Baths
3
Sqft
2,256
Year Built
1983
Days on Market
69
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2608344
This property is in Vista (92083). Browse neighborhood analytics →
About This Property
PRICE REDUCED TO $879,000! MOTIVATED SELLER! Upscale and exceptionally versatile, this well-maintained San Diego home offers more space, flexibility and income potential than you might expect! A major highlight is the 4th bedroom and full bath on the ground floor, with its own private exterior entrance. The bedroom can be completely separated from the main living area, making it ideal for multigenerational living, guests, a home office or rental income. The home offers 3 full baths, a 2-car garage and a spacious, open floor plan. The kitchen features newer LG stainless steel appliances, including a 4-burner gas range, refrigerator, and dishwasher, plus a GE microwave tucked beneath the island. Black granite countertops with a leather finish, a farm sink and large pantry with frosted-glass barn doors add style and function. Upstairs, the palatial primary suite features a vaulted ceiling, en-suite bath and room for a sitting area, along with two additional bedrooms and a full bath with dual sinks. Enjoy a comfortable family room, commercial-grade laminate flooring, RV parking and a large front yard. The backyard is designed for easy entertaining with synthetic grass, firepit area, above-ground pool, outdoor dining and relaxing space beneath the portico. A rare opportunity for flexible living, multigenerational use and potential rental income!
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Est. Monthly Payment
$5,985
Location
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Zoned Schools
Elementary
Bobier Elementary · grades K-5 · Vista Unified
Middle
Roosevelt Middle · grades 6-8 · Vista Unified
High
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
$4,500
Comp Average
$4,353
702 Passion Court
3bd / 3ba · 2,006 sqft · Single Family
$895K
Est. $4,621/mo
1757 Henderson Court
3bd / 2ba · 1,592 sqft · Single Family
$939K
Est. $3,889/mo
1228 Tower Drive
5bd / 3ba · 2,690 sqft · Single Family
$1.10M
Est. $4,548/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 4-bed houses within 2 mi · $4,415–$4,919
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,252/mo short at 20% down; 74% down or +$4,224/mo rent closes it.
- Break-even price
- $453,435
- Break-even rent
- $8,724/mo
- Cashflow at 35% down
- −$2,343/mo
- Down payment to break even
- 74%
- Rate to break even
- Not reachable
48% under asking
$4,224/mo above the estimate
$650,460 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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