2499 Vantage Way

2499 Vantage Way

Dbottom 20%

Del Mar, CA 92014

$2,850,000
NEW — 1d

Pass at asking: -$15,682/mo full cashflow at 20% down, 7.43% rate.

Works at $808,116 (72% under asking), or at all cash.

Rent $8,061/mo from 8 leases of 2–4 bed houses within 0.5 mi ($8,272–$11,503).

Beds

3

Baths

3

Sqft

2,522

Year Built

1969

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2610143

This property is in Del Mar (92014). View neighborhood stats →

About This Property

Located on a sunny corner lot in one of Del Mar's most beloved neighborhoods, 2499 Vantage Way greets you with classic charm: shuttered windows, brick steps, and French doors that open to a home full of light. The original owners have cherished it for years. It has just been refreshed with new paint inside and out, new finishes, and new carpet, and it's ready for its next family to fall in love. Inside, vaulted beamed ceilings soar over warm hardwood floors in the living and dining rooms, and a separate office.. The oversized family room has a brick fireplace and built-in shelves, and it opens right to the pool and patio for a true indoor-outdoor experience. The kitchen has its own breakfast area that steps out to the patio, perfect for sunny mornings and cozy evenings. Upstairs, the huge primary suite is your own quiet escape, with an arched window, a large walk-in closet, and a sunlit bath with a soaking tub. Out back, there's a sparkling pool with a waterfall and spa, a brick patio, and a charming garden gazebo, all made for summer parties and lazy Sundays. A full pool bath with a shower has its own entrance off the pool, so swimmers never have to come through the house. All this comes with top-rated schools, shopping just blocks away, easy I-5 access, and Del Mar's beaches and village only minutes from your door.

Mortgage Calculator

Est. Monthly Payment

$19,514

Principal & Interest$15,833
Property Tax$2,850
Insurance$831
%($570,000)
%
Loan Term

Location

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Investment Score

2D
Est. Monthly Rent
$8,061

8 leases of 2–4 bed houses within 0.5 mi · $8,272–$11,503

Blended 50/50 with the zip's market median ($6,843)

Monthly Cashflow

Rent − PITIA

-$11,453
Full Cashflow

Incl. vacancy, PM, maint, capex

-$15,682

What would make this work?

$15,682/mo short at 20% down; 100% down or +$20,366/mo rent closes it.

Break-even price

72% under asking

$808,116
Break-even rent

$20,366/mo above the estimate

$28,427/mo
Cashflow at 35% down
−$12,713/mo
Down payment to break even

$2,850,000 cash

100%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$15,833
Cap Rate
0.23%
Cash-on-Cash
-33.01%
DSCR

Need ≥ 1.25 for DSCR loan

0.41

NOI (Annual)
$6,648
Price-to-Rent

Lower = better for investors

29.5

* 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.

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DCashflow−$15,682/mo