968 Marlin Drive
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968 Marlin Drive

Btop 30%

Vista, CA 92084

$649,000
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: -$2,801/mo full cashflow at 20% down, 7.36% rate.

Works at $282,486 (56% under asking), or at 83% down.

Rent $3,359/mo from 10 leases of 2–4 bed houses within 2 mi ($3,211–$3,630).

Beds

3

Baths

2.5

Sqft

1,278

Year Built

1979

Days on Market

90

Property Type

Single Family

HOA/mo

$428

MLS ID

NDP2607513

This property is in Vista (92084). Browse neighborhood analytics →

Virtual Tour

About This Property

Welcome to this stunning 3-bedroom, 2.5-bath tri-level home, beautifully remodeled from top to bottom and maintained in immaculate, model-perfect condition. No detail has been overlooked and no stone left unturned in creating a home that is truly move-in ready. Featuring a thoughtfully designed layout, stylish modern finishes, and spacious living areas, this exceptional residence offers the perfect blend of comfort, elegance, and functionality. A convenient 2-car garage provides ample parking and storage, while the beautiful back patio creates the perfect setting for relaxing, entertaining, or enjoying outdoor living. This is a truly turnkey home where pride of ownership shines throughout—simply unpack and enjoy! Marlin Terrace is a smaller community tucked away in Vista and offers great amenities like a Pool, Spa, BBQ areas, and Basketball Court. Walk to the local Vista Library, Brengle Terrace Park, Schools, Restaurants and Shops.

Mortgage Calculator

Est. Monthly Payment

$4,847

Principal & Interest$3,581
Property Tax$649
Insurance$189
HOA$428
%($129,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Foothill Oak 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.

Investment Score

40B
Est. Monthly Rent
$3,359

10 leases of 2–4 bed houses within 2 mi · $3,211–$3,630

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,488
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,801

What would make this work?

$2,801/mo short at 20% down; 83% down or +$3,638/mo rent closes it.

Break-even price

56% under asking

$282,486
Break-even rent

$3,638/mo above the estimate

$6,997/mo
Cashflow at 35% down
−$2,130/mo
Down payment to break even

$538,670 cash

83%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,581
Cap Rate
1.75%
Cash-on-Cash
-25.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$11,371
Price-to-Rent

Lower = better for investors

16.1

* 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−$2,801/mo