
1125 Turnstone Way
Atop 10%Oceanside, CA 92057
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 →
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.
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Est. Monthly Payment
$4,094
Location
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Comparable Properties
5 comps foundThis Property
$3,199
Comp Average
$3,102
3548 Bartlett Avenue
2bd / 2ba · 1,046 sqft · Single Family
$489K
Est. $3,196/mo
4394 Albatross Way
2bd / 2ba · 1,050 sqft · Single Family
$488K
Est. $3,124/mo
1039 Plover Way
2bd / 2ba · 1,050 sqft · Single Family
$505K
Est. $3,124/mo
3873 Bay Leaf Way
2bd / 2ba · 1,064 sqft · Single Family
$539K
Est. $3,051/mo
4362 Dowitcher Way
2bd / 2ba · 1,056 sqft · Single Family
$539K
Est. $3,014/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
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)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,067/mo short at 20% down; 77% down or +$2,685/mo rent closes it.
- Break-even price
- $256,446
- Break-even rent
- $5,884/mo
- Cashflow at 35% down
- −$1,518/mo
- Down payment to break even
- 77%
- Rate to break even
- Not reachable
51% under asking
$2,685/mo above the estimate
$403,865 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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