1125 Turnstone Way
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1125 Turnstone Way

Atop 10%

Oceanside, CA 92057

$524,500
NEW — 0d

Pass at asking: -$2,067/mo full cashflow at 20% down, 7.49% rate.

Works at $256,446 (51% under asking), or at 77% down.

Rent $3,199/mo from 8 leases of 1–3 bed houses within 1 mi ($3,163–$3,332).

Beds

2

Baths

2

Sqft

1,050

Year Built

1981

Days on Market

0

Property Type

Single Family

HOA/mo

$485

MLS ID

NDP2609968

This property is in Oceanside (92057). Browse neighborhood analytics →

Virtual Tour

About This Property

NOT JUST ANOTHER OCEANA LISTING—THIS IS THE ONE YOU’VE BEEN WAITING FOR. Single story. End unit. End-of-cul-de-sac privacy. Beautifully remodeled. Greenbelt views. Covered patio. And the pool just steps from your door. Set in a particularly peaceful pocket of Oceana Mission III, this home immediately feels different. Big windows, beautiful natural light and an open floorplan create a bright, airy interior, while the end-unit location and mature greenbelt surroundings give you privacy that’s increasingly hard to find. The kitchen has been completely refreshed with quartz countertops, a striking glass-tile backsplash, newer stainless-steel appliances and updated finishes. Engineered wood-look flooring and crown molding carry warmth and character throughout the home. Both generously sized bedrooms are thoughtfully separated with no shared bedroom walls, and both full bathrooms have been beautifully updated with walk-in showers. Dual-pane windows and upgraded HVAC add comfort year-round. Then there’s the setting. Step onto your covered patio, look out across the peaceful greenbelt and imagine morning coffee, an afternoon book or simply enjoying the quiet. The community pool is just steps away, while an attached one-car garage adds everyday convenience. Plus, the HOA is replacing the roof, another valuable improvement already underway. This isn’t simply another home in Oceana. This is the one that makes you stop, look twice and want to stay. This isn't just downsizing. It's upgrading the way you live.

Mortgage Calculator

Est. Monthly Payment

$4,094

Principal & Interest$2,931
Property Tax$525
Insurance$153
HOA$485
%($104,900)
%
Loan Term

Location

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Investment Score

54A
Est. Monthly Rent
$3,199

8 leases of 1–3 bed houses within 1 mi · $3,163–$3,332

Blended 50/50 with the zip's market median ($3,150)

Monthly Cashflow

Rent − PITIA

-$895
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,067

What would make this work?

$2,067/mo short at 20% down; 77% down or +$2,685/mo rent closes it.

Break-even price

51% under asking

$256,446
Break-even rent

$2,685/mo above the estimate

$5,884/mo
Cashflow at 35% down
−$1,518/mo
Down payment to break even

$403,865 cash

77%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,931
Cap Rate
2.34%
Cash-on-Cash
-23.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.78

NOI (Annual)
$12,283
Price-to-Rent

Lower = better for investors

13.7

* Modelled at 20% down, 7.49% 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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ACashflow−$2,067/mo