
1506 Oak Drive #77
Atop 10%Vista, CA 92084
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.
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Est. Monthly Payment
$2,676
Location
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Comparable Properties
2 comps foundThis Property
$2,255
Comp Average
$2,684
1506 Oak Drive
2bd / 2ba · 1,296 sqft · Manufactured
$340K
Est. $3,113/mo
1501 Anza Avenue
2bd / 2ba · 1,440 sqft · Manufactured
$345K
Est. $2,255/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,222/mo short at 20% down; 72% down or +$1,588/mo rent closes it.
- Break-even price
- $179,915
- Break-even rent
- $3,843/mo
- Cashflow at 35% down
- −$869/mo
- Down payment to break even
- 72%
- Rate to break even
- Not reachable
47% under asking
$1,588/mo above the estimate
$244,080 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
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