245 W Bobier Drive SPC 32

245 W Bobier Drive SPC 32

Atop 10%

Vista, CA 92083

$324,000
NEW — 1d

Pass at asking: -$1,113/mo full cashflow at 20% down, 7.43% rate.

Works at $179,067 (45% under asking), or at 70% down.

Rent $2,104/mo: zip market median for this bed count.

Beds

2

Baths

2

Sqft

894

Year Built

2013

Days on Market

1

Property Type

Manufactured

HOA/mo

$245

MLS ID

NDP2610157

This property is in Vista (92083). Browse neighborhood analytics →

About This Property

Welcome to Sierra Vista, a desirable resident-owned 55+ community in Vista where YOU OWN THE LAND! No space rent, no land lease, and no buy-in fee! This rare opportunity offers the benefits of homeownership with FHA, VA, and conventional financing options available. Built in 2013 by US Modular Home, this beautifully maintained 2-bedroom, 2-full-bath home offers modern comfort, an inviting open floor plan, and impressive 9-foot ceilings that create a bright, spacious feel. The living and dining areas flow seamlessly into the kitchen with a convenient breakfast counter, perfect for casual dining and entertaining. Fresh interior paint and new flooring make this home move-in ready! Enjoy a low-maintenance yard, two covered parking spaces, and a storage shed for added convenience. Sierra Vista offers an exceptional lifestyle with an affordable $275 monthly HOA fee that includes water, trash, and basic cable. Community amenities include a clubhouse, swimming pool, fitness center, library, billiards room, and laundry facilities. Pet-friendly too, allowing two pets per household weighing up to 30 pounds each! The primary occupant must be 55 or older, with a second resident permitted at age 45 or older. Conveniently located near shopping, dining, public transportation, and just a short drive to North County San Diego beaches. Land ownership, low HOA fees, modern construction, and resort-style amenities make this Vista 55+ home a rare find!

Mortgage Calculator

Est. Monthly Payment

$2,463

Principal & Interest$1,800
Property Tax$324
Insurance$94
HOA$245
%($64,800)
%
Loan Term

Investment Score

71A
Est. Monthly Rent
$2,104

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

-$359
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,113

What would make this work?

$1,113/mo short at 20% down; 70% down or +$1,445/mo rent closes it.

Break-even price

45% under asking

$179,067
Break-even rent

$1,445/mo above the estimate

$3,549/mo
Cashflow at 35% down
−$775/mo
Down payment to break even

$226,800 cash

70%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$1,800
Cap Rate
2.93%
Cash-on-Cash
-20.61%
DSCR

Need ≥ 1.25 for DSCR loan

0.85

NOI (Annual)
$9,507
Price-to-Rent

Lower = better for investors

12.8

* 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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ACashflow−$1,113/mo