3525 Paseo De Elenita
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3525 Paseo De Elenita #171

B

Oceanside, CA 92056

$540,000

Soft Appraisal Value: $537,200 · 0.5% above estimate

Beds

2

Baths

2

Sqft

1,093

Year Built

1989

Days on Market

46

Property Type

Condo

HOA/mo

$537

MLS ID

NDP2604666

This property is in Oceanside (92056). View neighborhood stats →

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About This Property

Highly desirable ground floor condo(no stairs) in the resort-like community of Vista Way Village. Get beach close at a great price with this nicely updated home. Brand new paint and waterproof wood flooring welcome you to a functional floorplan with the 2 bedrooms on opposite sides for added privacy. Enjoy outdoor living on your roomy patio which is much more sheltered than others nearby. Granite counters in the kitchen and baths, ceiling fans where you need them, and dual pane windows, something you'll appreciate right away as they let in the ocean breezes each afternoon! Your assigned parking space is nearby and you get a 1 car garage too. Having no stairs, make moving day and grocery shopping no longer a chore. Vista Way Village has 2 gated entrances with 2 swimming pools and spas, gym, tennis and basketball, playground, and dog run. This building's location also benefits from nearby guest parking spaces...the most in the community!! EZ commuting via Hwy 78, I-5, El Camino, and just a few miles to the beach. Close to shopping like Trader Joes, Winco, Sprouts, and The Shoppes at Carlsbad. VA and FHA approved community!

Mortgage Calculator

Est. Monthly Payment

$3,965

Principal & Interest$2,731
Property Tax$540
Insurance$157
HOA$537
%($108,000)
%

Location

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Investment Score

39C
Est. Monthly Rent
$2,851
Monthly Cashflow

Rent − PITIA

$-1,114
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,219

Mortgage (P+I)
$2,731
Cap Rate
1.14%
Cash-on-Cash
-24.66%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$5,733

NOI (Annual)
$6,135
Price-to-Rent

Lower = better for investors

15.8

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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