1340 Dorsey Way
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1340 Dorsey Way

Btop 30%

Vista, CA 92083

$879,000

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 →

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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!

Mortgage Calculator

Est. Monthly Payment

$5,985

Principal & Interest$4,850
Property Tax$879
Insurance$256
%($175,800)
%
Loan Term

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.

Investment Score

44B
Est. Monthly Rent
$4,500

10 leases of 4-bed houses within 2 mi · $4,415–$4,919

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,485
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,252

What would make this work?

$3,252/mo short at 20% down; 74% down or +$4,224/mo rent closes it.

Break-even price

48% under asking

$453,435
Break-even rent

$4,224/mo above the estimate

$8,724/mo
Cashflow at 35% down
−$2,343/mo
Down payment to break even

$650,460 cash

74%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,850
Cap Rate
2.49%
Cash-on-Cash
-22.20%
DSCR

Need ≥ 1.25 for DSCR loan

0.75

NOI (Annual)
$21,870
Price-to-Rent

Lower = better for investors

16.3

* 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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BCashflow−$3,252/mo