675 Diamond Way #137
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675 Diamond Way #137

Btop 30%

Vista, CA 92083

$399,000
STR: check · HOA rules unknown · TOT 10%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$1,853/mo full cashflow at 20% down, 7.36% rate.

Works at $156,444 (61% under asking), or at 88% down.

Rent $2,235/mo from 17 leases of studio–2 bed condos & townhomes within 2 mi ($2,048–$2,430).

Beds

1

Baths

1

Sqft

708

Year Built

1986

Days on Market

161

Property Type

Condo

HOA/mo

$525

MLS ID

260013563SD

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

Virtual Tour

About This Property

Move right into this private corner-unit oasis overlooking a serene community greenbelt. Beautifully remodeled from top to bottom, this 708-square-foot home perfectly pairs modern style with everyday functionality. The heart of the residence features a completely renovated kitchen beautifully appointed with sleek quartz countertops, contemporary white shaker-style cabinetry, and premium stainless steel appliances. The open-concept living and dining areas flow effortlessly out to a large, covered private patio, creating an ideal layout for both relaxing and entertaining in peaceful privacy. Down the hall, the generously sized bedroom welcomes abundant natural light and features mirrored wardrobe doors with custom built-in organizers. High-end finishes elevate the entire home, including uniform tile flooring, updated doors, newer windows, and modern baseboards throughout. Exceptional convenience is built right in with a full-size, stackable in-unit washer and dryer, alongside two parking spots. Situated in a remarkably calm "Silent Zone" neighborhood with virtually no ambient noise, this turn-key home also grants access to premier resort-style amenities, including a heated community pool, a relaxing spa, tennis courts, a clubhouse, and a fully equipped fitness center.

Mortgage Calculator

Est. Monthly Payment

$3,242

Principal & Interest$2,201
Property Tax$399
Insurance$116
HOA$525
%($79,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Grapevine 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

45B
Est. Monthly Rent
$2,235

17 leases of studio–2 bed condos & townhomes within 2 mi · $2,048–$2,430

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,006
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,853

What would make this work?

$1,853/mo short at 20% down; 88% down or +$2,406/mo rent closes it.

Break-even price

61% under asking

$156,444
Break-even rent

$2,406/mo above the estimate

$4,641/mo
Cashflow at 35% down
−$1,440/mo
Down payment to break even

$351,120 cash

88%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,201
Cap Rate
1.38%
Cash-on-Cash
-27.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$5,522
Price-to-Rent

Lower = better for investors

14.9

* 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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BCashflow−$1,853/mo