1506 Oak Drive #77

1506 Oak Drive #77

Atop 10%

Vista, CA 92084

$339,000
NEW — 0d

Pass at asking: -$1,222/mo full cashflow at 20% down, 7.43% rate.

Works at $179,915 (47% under asking), or at 72% down.

Rent $2,255/mo: zip market median for this bed count.

Beds

2

Baths

2

Sqft

1,368

Year Built

1971

Days on Market

0

Property Type

Manufactured

HOA/mo

$355

MLS ID

NDP2609586

This property is in Vista (92084). Browse neighborhood analytics →

About This Property

Welcome to this beautifully refreshed home in a quiet, clean, and well-maintained 55+ senior community! This inviting 2-bedroom, 2-bathroom home features brand-new Eternity Floors Hyperion XXL performance laminate flooring in the beautiful “Sherman” wood-look finish, featuring extra-wide 9.25-inch planks and 100% waterproof performance for a modern, spacious appearance and easy maintenance. Fresh interior paint brightens the home, while a skylight brings natural light into the kitchen. The primary bedroom features a spacious walk-in closet with built-in organizers for convenient storage. Outside, enjoy a low-maintenance yard and two storage sheds offering additional space for your belongings. OWN THE HOME AND THE LAND! The purchase price includes both the mobile home and a cooperative ownership interest in the land. The monthly HOA fee is $355 and includes cable TV with HBO and Showtime, high-speed internet, water, trash, and common-area maintenance. Enjoy an active community lifestyle with amenities including a year-round heated swimming pool, spa, fitness center, dog park, clubhouse, and community laundry room. Start your morning with daily water aerobics at 10:00 AM and enjoy the friendly atmosphere of this welcoming community.

Mortgage Calculator

Est. Monthly Payment

$2,676

Principal & Interest$1,883
Property Tax$339
Insurance$99
HOA$355
%($67,800)
%
Loan Term

Location

Loading map...

Comparable Properties

2 comps found

This Property

$2,255

vs

Comp Average

$2,684

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

67A
Est. Monthly Rent
$2,255

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

-$421
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,222

What would make this work?

$1,222/mo short at 20% down; 72% down or +$1,588/mo rent closes it.

Break-even price

47% under asking

$179,915
Break-even rent

$1,588/mo above the estimate

$3,843/mo
Cashflow at 35% down
−$869/mo
Down payment to break even

$244,080 cash

72%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$1,883
Cap Rate
2.74%
Cash-on-Cash
-21.64%
DSCR

Need ≥ 1.25 for DSCR loan

0.84

NOI (Annual)
$9,283
Price-to-Rent

Lower = better for investors

12.5

* Modelled at 20% down, 7.43% 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
ACashflow−$1,222/mo