110 Turner Avenue

Ctop 80%

Encinitas, CA 92024Neighborhood: New Encinitas

$1,724,800

STR-eligible · Encinitas, 3-night minimum · TOT 10%

9 licensed short-term rentals within ½ mile (6 whole home), from the cities' license and permit lists of Nov 14, 2026.

Pass at asking: -$9,191/mo full cashflow at 20% down, 7.36% rate.

Works at $522,156 (70% under asking), or at 98% down.

Rent $5,182/mo from 13 leases of 2–4 bed houses within 1 mi ($4,917–$5,580).

Beds

Baths

Sqft

1,327

Year Built

1976

Days on Market

—

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2610292

This property is in Encinitas (92024). View neighborhood stats →

Mortgage Calculator

Est. Monthly Payment

$11,744

Principal & Interest$9,516

Property Tax$1,725

Insurance$503

Down Payment

%($344,960)

Interest Rate

Loan Term

Location

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Zoned Schools

Elementary
Park Dale Lane Elementary · grades K-6 · Encinitas Union Elementary
Middle
Diegueno Middle · grades 7-8 · San Dieguito Union High
High
La Costa Canyon High · grades 9-12 · San Dieguito Union High

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 found

This Property

$5,182

Comp Average

$5,560

2115 Encinitas Boulevard

3bd / 2ba · 1,623 sqft · Single Family

$1.63M

Est. $5,928/mo

553 Cloudview Lane

3bd / 2ba · 1,685 sqft · Single Family

$1.57M

Est. $5,426/mo

1745 Whitehall Road

2bd / 2.5ba · 1,555 sqft · Single Family

$1.80M

Est. $5,183/mo

1095 Hermes Avenue

3bd / 2ba · 1,160 sqft · Single Family

$2.60M

Est. $5,225/mo

1465 Neptune Avenue

3bd / 2ba · 1,031 sqft · Single Family

$2.67M

Est. $6,039/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

Est. Monthly Rent

$5,182

13 leases of 2–4 bed houses within 1 mi · $4,917–$5,580

Monthly Cashflow

Rent − PITIA

-$6,562

Full Cashflow

Incl. vacancy, PM, maint, capex

-$9,191

What would make this work?

$9,191/mo short at 20% down; 98% down or +$11,936/mo rent closes it.

Break-even price: $522,156
Break-even rent: $17,118/mo
Cashflow at 35% down: −$7,407/mo
Down payment to break even: 98%
Rate to break even: Not reachable

Mortgage (P+I)

$9,516

Cap Rate

0.41%

Cash-on-Cash

-31.97%

DSCR

Need ≥ 1.25 for DSCR loan

0.44

NOI (Annual)

$7,009

Price-to-Rent

Lower = better for investors

27.7

* 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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CCashflow−$9,191/mo