201 Diamond Way #222
Atop 10%Vista, CA 92083
HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.
Pass at asking: -$1,936/mo full cashflow at 20% down, 7.36% rate.
Works at $271,688 (48% under asking), or at 74% down.
Rent $3,378/mo from 8 leases of 3-bed houses within 2 mi ($3,231–$3,702).
Beds
3
Baths
2
Sqft
1,116
Year Built
1986
Days on Market
71
Property Type
Single Family
HOA/mo
$525
MLS ID
NDP2607243
This property is in Vista (92083). Browse neighborhood analytics →
About This Property
Price reduced!Don't miss this nice corner 2nd floor unit with a great south-east view of city and trees! The parks condo is located in a very convenient spot close to everything! Complex is VA and FHA Approved! Beautiful wood and carpet flooring throughout adds both style and comfy and welcoming feeling. The recently updated kitchen features newer painted cabinetry and modern countertops, creating a functional and inviting space. Enjoy the convenience of a private one-car corner garage plus one additional assigned open parking space. Tucked away in a quiet corner location, the unit feels especially private with minimal foot traffic. Guest parking is available in the complex, including easy parking a short walk away. Take in peaceful hillside views and enjoy the comfort and convenience this home offers. You will feel relaxed enjoying community hot tub, pool and tennis court, as well the private exercise room on site! Great for first time home buyers! Or investor to hold and rent it!
Mortgage Calculator
Est. Monthly Payment
$4,100
Location
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Zoned Schools
Elementary
Grapevine 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
$3,378
Comp Average
$3,102
1333 Olive Ave
3bd / 2ba · 1,269 sqft · Mfd/Mobile Home
$380K
Est. $2,922/mo
400 Melrose Drive
3bd / 2ba · 1,040 sqft · Mfd/Mobile Home
$379K
Est. $2,922/mo
1333 Olive Avenue
3bd / 2ba · 1,238 sqft · Mfd/Mobile Home
$389K
Est. $2,922/mo
334 California Avenue
3bd / 2ba · 1,035 sqft · Single Family
$650K
Est. $3,167/mo
609 Spires Street
3bd / 2ba · 1,301 sqft · Single Family
$800K
Est. $3,576/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 3-bed houses within 2 mi · $3,231–$3,702
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,936/mo short at 20% down; 74% down or +$2,514/mo rent closes it.
- Break-even price
- $271,688
- Break-even rent
- $5,892/mo
- Cashflow at 35% down
- −$1,393/mo
- Down payment to break even
- 74%
- Rate to break even
- Not reachable
48% under asking
$2,514/mo above the estimate
$388,500 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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