12229 Eastbourne Road
Ctop 80%Rancho Bernardo, CA 92128Neighborhood: Carmel Mountain Ranch
0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 13, 2026.
None of the 330 homes on this home's recorded tract holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$5,893/mo full cashflow at 20% down, 7.36% rate.
Works at $427,935 (64% under asking), or at 92% down.
Rent $4,328/mo from 12 leases of 2–4 bed houses within 1 mi ($4,249–$4,588).
Beds
3
Baths
3
Sqft
1,707
Year Built
1988
Days on Market
0
Property Type
Single Family
HOA/mo
$62
MLS ID
NDP2610240
This property is in Rancho Bernardo (92128). View neighborhood stats →
About This Property
Located in the heart of Carmel Mountain Ranch - 12229 Eastbourne Rd. is a two-story residence featuring vaulted ceilings and multiple windows that provide natural light throughout the interior. The floor plan includes a bedroom and a full bathroom on the main level. This property comes with fully owned solar system and a newer roof. The heart of the home is designed for connection. The kitchen serves as a central hub, opening directly into a secondary living area that keeps everyone part of the conversation. When you’re ready to take the festivities outside, simply slide open the glass door to discover a cozy backyard retreat, featuring a patio for shade and a built-in BBQ to enjoy the fresh air and open space with no direct neighbors. The location is truly unbeatable for those who value convenience. With the elementary school just steps away and a short stroll to the local library, Trader Joe’s, and a vibrant selection of shopping and dining, this home offers the perfect balance of tranquility and accessibility. It’s more than just a house; it’s a place to truly settle in and enjoy the Southern California lifestyle.
Mortgage Calculator
Est. Monthly Payment
$8,226
Location
Loading map...
Zoned Schools
Elementary
Highland Ranch Elementary · grades K-5 · Poway Unified
Middle
Bernardo Heights Middle · grades 6-8 · Poway Unified
High
Rancho Bernardo High · grades 9-12 · Poway Unified
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 foundThis Property
$4,328
Comp Average
$4,369
16620 San Salvador Ct
3bd / 2ba · 1,726 sqft · Single Family
$898K
Est. $4,438/mo
18228 Via Guadalmina
3bd / 2ba · 1,630 sqft · Single Family
$1.10M
Est. $4,382/mo
15620 Via Calanova
3bd / 2ba · 1,708 sqft · Single Family
$1.04M
Est. $4,332/mo
12576 Lomica Drive
3bd / 2ba · 1,770 sqft · Single Family
$1.08M
Est. $4,423/mo
13820 Etude Road
3bd / 2ba · 1,671 sqft · Single Family
$1.40M
Est. $4,272/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 2–4 bed houses within 1 mi · $4,249–$4,588
Blended 50/50 with the zip's market median ($4,302)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,893/mo short at 20% down; 92% down or +$7,653/mo rent closes it.
- Break-even price
- $427,935
- Break-even rent
- $11,981/mo
- Cashflow at 35% down
- −$4,652/mo
- Down payment to break even
- 92%
- Rate to break even
- Not reachable
64% under asking
$7,653/mo above the estimate
$1,103,080 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
Open Full Calculator