
315 Michele Drive
Atop 10%Vista, CA 92084
Pass at asking: -$2,262/mo full cashflow at 20% down, 7.43% rate.
Works at $530,514 (36% under asking), or at 60% down.
Rent $5,292/mo from 12 leases of 4–6 bed houses within 2 mi ($4,324–$4,810).
Beds
5
Baths
2
Sqft
2,104
Year Built
1969
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
SW26232787
This property is in Vista (92084). Browse neighborhood analytics →
About This Property
Welcome to 315 Michele Drive in Vista! This beautifully remodeled single-story home, with RV PARKING, offers 5 bedrooms, 2 bathrooms, and 2,104 square feet of thoughtfully updated living space, including a spacious office! Completely renovated from top to bottom, this home features a brand-new roof, brand-new AC unit, new windows, a bright, modern interior with an inviting open-concept floor plan, fresh neutral paint, stylish luxury vinyl plank flooring, recessed lighting, and contemporary finishes throughout. The stunning kitchen is the centerpiece of the home, showcasing white shaker-style cabinetry, quartz countertops, stainless steel appliances, a designer backsplash, and a large center island with breakfast bar seating. The kitchen flows seamlessly into the dining and living areas, creating the perfect space for everyday living and entertaining. The expansive primary suite offers a comfortable retreat with additional space that can be used as a sitting area, home office, or flex space. All five bedrooms feature updated finishes, while both bathrooms complement the home's fresh, modern design. Outside, enjoy refreshed landscaping, a spacious driveway, and a clean, updated exterior that adds to the home's curb appeal. Conveniently located in the heart of Vista, at the end of a private cul-de-sac, with easy access to shopping, dining, parks, and major commuter routes. With its extensive renovations, versatile layout, and generous living space, this move-in-ready home is a must-see! No HOA and Low Taxes!
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Est. Monthly Payment
$5,649
Location
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Zoned Schools
Elementary
Mission Meadows Elementary · grades K-5 · Vista Unified
Middle
Roosevelt Middle · grades 6-8 · Vista Unified
High
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
$5,292
Comp Average
$4,745
1906 Odell Circle
4bd / 2ba · 2,150 sqft · Single Family
$949K
Est. $4,467/mo
1477 Montgomery Drive
4bd / 4ba · 1,721 sqft · Single Family
$1000K
Est. $4,605/mo
1259 Grandview Road
4bd / 3.5ba · 2,714 sqft · Single Family
$1.19M
Est. $5,105/mo
129 Avalon Dr
5bd / 3ba · 2,154 sqft · Single Family
$1.15M
Est. $4,710/mo
1931 Warmlands Avenue
4bd / 2.5ba · 2,442 sqft · Single Family
$1.30M
Est. $4,836/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 4–6 bed houses within 2 mi · $4,324–$4,810
Blended 50/50 with the zip's market median ($5,992)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,262/mo short at 20% down; 60% down or +$2,938/mo rent closes it.
- Break-even price
- $530,514
- Break-even rent
- $8,230/mo
- Cashflow at 35% down
- −$1,403/mo
- Down payment to break even
- 60%
- Rate to break even
- 1.64%
36% under asking
$2,938/mo above the estimate
$495,000 cash
at 20% down
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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