1109 Hibiscus Way

1109 Hibiscus Way

D

Oceanside, CA 92054

$1,090,000
NEW — 5d on market

Soft Appraisal Value: $1,070,400 · 1.8% above estimate

Beds

2

Baths

2.5

Sqft

1,465

Year Built

2019

Days on Market

5

Property Type

Condo

HOA/mo

$353

MLS ID

NDP2602791

Description

Former model home in the desirable Tides community of Oceanside, featuring premium upgrades not available in many other units and offered fully furnished and professionally decorated. Highlights include designer stone flooring, upgraded appliances, and a built-in refrigerator. This bright and airy residence features a flexible multi-level layout with the primary suite and a guest bedroom with full bath on the third level. The second level includes an open-concept living area and modern kitchen, along with a private office and convenient half bath, ideal for working from home or entertaining. Matterport virtual tour link is available upon request. Large windows fill the home with natural light, enhancing the open, inviting feel. Solar panels provide energy efficiency and help reduce utility costs. Currently operating as a very popular midterm rental with a proven track record, the home offers excellent income potential. The community pool is located directly across the street for added convenience. Ideally situated west of I-5 and less than a mile from the beach, with easy access to dining, shopping, and coastal attractions, this home blends comfort, style, and investment versatility.

Mortgage Calculator

Est. Monthly Payment

$7,273

Principal & Interest$5,512
Property Tax$1,090
Insurance$318
HOA$353
%($218,000)
%

Investment Score

1D
Est. Monthly Rent
$3,704
Monthly Cashflow

Rent − PITI − HOA

$-3,569
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,329

Mortgage (P+I)
$5,512
Cap Rate
0.20%
Cash-on-Cash
-29.33%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$10,625

NOI (Annual)
$2,193
Price-to-Rent

Lower = better for investors

24.5

* 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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