916 Mimosa Avenue
Ctop 80%Vista, CA 92081
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: -$4,603/mo full cashflow at 20% down, 7.43% rate.
Works at $425,624 (58% under asking), or at 85% down.
Rent $4,479/mo from 18 leases of 3–5 bed houses within 2 mi ($4,144–$4,729).
Beds
4
Baths
2.5
Sqft
1,984
Year Built
1980
Days on Market
46
Property Type
Single Family
HOA/mo
$180
MLS ID
NDP2608950
This property is in Vista (92081). View neighborhood stats →
About This Property
A rare opportunity in San Diego County, 916 Mimosa Ave combines space, privacy, flexibility, and lifestyle in a way few homes can. Behind the gates of an only 40-home community, this 4-bedroom, 2.5-bath home offers nearly 2,000 square feet, a downstairs primary suite, two living areas, an updated kitchen, refreshed bathrooms, and improvements throughout. Enjoy two separate backyard areas with future potential, HOA-owned parkland directly behind the home with direct gated access, four community parks, two playgrounds and several acres of open space. And perhaps most unique of all: neighborhood equestrian access and pond. Rancho Vista Stables offers residents the opportunity to board a horse within walking distance of home, with arena, trails, stalls, lessons, training, and indoor/outdoor full service boarding options available. Space. Privacy. Parks. Trails. Equestrian access. Future potential. This is far more than a four-bedroom home—it’s the kind of lifestyle opportunity buyers rarely expect to find in San Diego County and proven with rare availability.
Mortgage Calculator
Est. Monthly Payment
$7,198
Location
Loading map...
Zoned Schools
Elementary
Joli Ann Leichtag Elementary · grades K-5 · San Marcos Unified
Middle
San Marcos Middle · grades 6-8 · San Marcos Unified
High
San Marcos High · grades 9-12 · San Marcos 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
$4,479
Comp Average
$4,361
1041 Lau Hala Canyon
3bd / 2ba · 2,005 sqft · Single Family
$989K
Est. $4,496/mo
1175 La Tortuga Drive
4bd / 3ba · 2,121 sqft · Single Family
$999K
Est. $4,283/mo
1712 Creekside Lane
3bd / 2.5ba · 1,925 sqft · Single Family
$950K
Est. $4,373/mo
1523 Madrid Drive
3bd / 2.5ba · 1,975 sqft · Single Family
$1.09M
Est. $4,493/mo
1119 Vale View
3bd / 2ba · 1,932 sqft · Single Family
$1.25M
Est. $4,160/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
18 leases of 3–5 bed houses within 2 mi · $4,144–$4,729
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,603/mo short at 20% down; 85% down or +$5,978/mo rent closes it.
- Break-even price
- $425,624
- Break-even rent
- $10,457/mo
- Cashflow at 35% down
- −$3,536/mo
- Down payment to break even
- 85%
- Rate to break even
- Not reachable
58% under asking
$5,978/mo above the estimate
$871,208 cash
Negative even at a 0% loan
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.
Open Full Calculator