
480 Rancho
Dbottom 20%Vista, CA 92083
Pass at asking: -$12,311/mo full cashflow at 20% down, 7.36% rate.
Works at $384,085 (81% under asking); even all cash loses money at asking.
Rent $3,812/mo from 9 leases of 3-bed houses within 2 mi ($3,595–$3,787).
Beds
3
Baths
2
Sqft
1,400
Year Built
1923
Days on Market
73
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2608187
This property is in Vista (92083). Browse neighborhood analytics →
About This Property
4 parcels / potential for 8 units! Rare development opportunity in Vista! Situated on approximately 0.78 acres, this unique property has already been subdivided into four separate parcels, offering exceptional flexibility for a builder, developer, investor, or owner looking to create a multi-generational compound. The four parcels measure approximately 10,442, 9,160, 7,810, and 6,699 square feet. Zoned R-1, and according to information provided by the City of Vista, each individual parcel may have the potential to accommodate a primary residence plus an Accessory Dwelling Unit (ADU), creating the possibility for multiple residences across the property. Buyers are encouraged to independently verify all zoning, development, ADU, utility, and building requirements with the City of Vista and appropriate agencies. One of the parcels is currently improved with an approximately 1,400-square-foot, 3-bedroom, 2-bath home originally built in 1923, providing an existing residence while exploring the property's future development possibilities. The entire property sits on a gentle slope, creating an attractive setting and allowing for excellent elevated views across much of western Vista. The topography may provide opportunities to thoughtfully position future homes to take advantage of the surrounding vistas, natural light, and open feel. Excellent location walking distance to shopping, restaurants and entertainment. Less than a mile to Vista Village and the Vista Transit Center to catch the Sprinter.
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Est. Monthly Payment
$13,584
Location
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Zoned Schools
Elementary
Breeze Hill 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.
Investment Score
9 leases of 3-bed houses within 2 mi · $3,595–$3,787
Blended 50/50 with the zip's market median ($3,933)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$12,311/mo short at 20% down; +$15,988/mo rent closes it.
- Break-even price
- $384,085
- Break-even rent
- $19,800/mo
- Cashflow at 35% down
- −$10,247/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
81% under asking
$15,988/mo above the estimate
Negative even all-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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