968 Mimosa Avenue
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968 Mimosa Avenue

B

Vista, CA 92081

$842,900
NEW — 2d

Soft Appraisal Value: $832,400 · 1.3% above estimate

Beds

3

Baths

2

Sqft

1,712

Year Built

1980

Days on Market

2

Property Type

Single Family

HOA/mo

$180

MLS ID

NDP2606560

This property is in Vista (92081). View neighborhood stats →

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About This Property

Welcome to Rancho Vista Estates, one of Vista’s hidden gems and North County’s most sought-after gated equestrian communities! This beautifully maintained single-story residence features 3 bedrooms, 2 bathrooms, and 1,712 square feet of inviting living space, blending warmth, character, and comfort. Soaring ceilings, abundant natural light, and an open-concept layout create a welcoming sense of space and effortless flow throughout the home. The spacious living room features a cozy fireplace and opens to a large wraparound deck, ideal for relaxing, entertaining, or taking in the peaceful surroundings. The well-designed kitchen flows into the dining area and a second room that may be used for flex space, an office, or even a playroom, providing excellent functionality for everyday use. The primary suite includes an ensuite bath with dual vanities, while two additional bedrooms allow flexibility for guests, work, or creative space. A standout feature is the approximately 1,000 square feet of unfinished space beneath the home, ideal for storage, a workshop, hobby area, or potential future home improvements (buyer to verify permitted uses and potential). Residents of Rancho Vista Estates enjoy the charm of a true equestrian community, complete with a private neighborhood equestrian center featuring full-care boarding, riding arena, turnout areas, and direct access to scenic riding trails. The beautifully maintained facility provides horse enthusiasts with exceptional amenities in a peaceful, park-like setting, while homeowners who wish to board horses may do so for an additional boarding fee. All this and within the acclaimed San Marcos Unified School District and just minutes from shopping, dining, parks, and major commuter routes. Here’s the opportunity you’ve been waiting for to own a home in one of Vista's most distinctive neighborhoods and experience the charm, character, and lifestyle that make Rancho Vista Estates so special.

Mortgage Calculator

Est. Monthly Payment

$5,531

Principal & Interest$4,262
Property Tax$843
Insurance$246
HOA$180
%($168,580)
%

Location

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Investment Score

37C
Est. Monthly Rent
$4,079
Monthly Cashflow

Rent − PITIA

$-1,452
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,093

Mortgage (P+I)
$4,262
Cap Rate
1.66%
Cash-on-Cash
-22.01%
DSCR

Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$8,095

NOI (Annual)
$14,034
Price-to-Rent

Lower = better for investors

17.2

* 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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