
1243 Bellingham Drive
Ctop 80%Oceanside, CA 92057Neighborhood: North Valley
0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$4,803/mo full cashflow at 20% down, 7.36% rate.
Works at $500,995 (56% under asking), or at 82% down.
Rent $5,167/mo from 10 leases of 4–6 bed houses within 0.5 mi, same school area ($4,696–$5,089).
Beds
5
Baths
3
Sqft
2,971
Year Built
2012
Days on Market
48
Property Type
Single Family
HOA/mo
$150
MLS ID
260023464SD
This property is in Oceanside (92057). Browse neighborhood analytics →
About This Property
Look no further! Set within the sought-after Arrowood community, this spacious five-bedroom residence offers nearly 3,000 square feet of thoughtfully designed living space, generous gathering areas and seamless indoor-outdoor living. At the heart of the home, a beautifully appointed kitchen with a large center island and breakfast bar with separate breakfast nook opens to the main living areas, creating an inviting setting for everyday living and entertaining. The oversized primary suite provides a private retreat with ample room to relax and a substantial walk-in wardrobe. Exceptional storage throughout includes additional closets and a sizable walk-in storage area beneath the staircase. Outside, upgraded landscaping complimented with adult King palms setting the stage for a retreat-like ambiance and effortless outdoor entertaining. A generous, lush lawn, spacious patio, dedicated fire pit lounge and tiki-style BBQ bar offer distinct spaces for dining, recreation and relaxation. Wide setbacks along both sides of the property provide additional versatility, while a three-car garage with extra storage completes the home. Residents enjoy Arrowood's resort-style amenities, including a swimming pool, clubhouse and playground, with championship golf (*membership required for use), shopping, schools and the best of North County's coastal lifestyle just minutes away. Nestled among the rolling hills of northeast Oceanside, Arrowood is a desirable master-planned community offering a blend of residential tranquility, recreation and everyday convenience. Residents enjoy access to a Junior Olympic-sized swimming pool, clubhouse, playground and beautifully maintained common areas, with nearby parks and walking trails providing additional opportunities to enjoy Southern California's year-round sunshine. At the heart of the neighborhood, Arrowood Golf Course (membership required) is a scenic, 18-hole, par-72 public championship course designed by Ted Robinson Jr. Featuring rolling fairways, dramatic elevation changes and picturesque valley views, the course offers a memorable experience for golfers of all skill levels. Practice facilities include a driving range, putting greens and professional instruction. Beyond the course, the Flight Deck features Toptracer-powered golf bays, while Fairways Kitchen & Bar provides a casual setting for dining and socializing. Pickleball courts and special events add to the area's recreational appeal. Golf is available separately and is not included in residential HOA dues. Conveniently located near Highway 76, Arrowood offers easy access to shopping, dining, schools, Camp Pendleton and the beaches of Oceanside and Carlsbad, combining the relaxed atmosphere of a golf-oriented neighborhood with the amenities of North County San Diego.
Mortgage Calculator
Est. Monthly Payment
$7,841
Location
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Zoned Schools
Elementary
Bonsall Elementary · grades K-5 · Bonsall Unified
Middle
Norman L. Sullivan Middle · grades 6-8 · Bonsall Unified
High
Bonsall High · grades 9-12 · Bonsall 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
$5,167
Comp Average
$5,427
5151 Via Mindanao
5bd / 3ba · 2,854 sqft · Single Family
$1.10M
Est. $5,065/mo
435 Lexington Circle
5bd / 3ba · 3,277 sqft · Single Family
$1.31M
Est. $6,083/mo
5611 Spanish Horse
5bd / 3ba · 3,169 sqft · Single Family
$1.25M
Est. $5,624/mo
5276 Willow Walk
5bd / 4ba · 3,300 sqft · Single Family
$1.23M
Est. $5,206/mo
327 Valley Heights Drive
4bd / 3ba · 3,062 sqft · Single Family
$1.35M
Est. $5,155/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules
Investment Score
10 leases of 4–6 bed houses within 0.5 mi, same school area · $4,696–$5,089
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,803/mo short at 20% down; 82% down or +$6,237/mo rent closes it.
- Break-even price
- $500,995
- Break-even rent
- $11,404/mo
- Cashflow at 35% down
- −$3,634/mo
- Down payment to break even
- 82%
- Rate to break even
- Not reachable
56% under asking
$6,237/mo above the estimate
$926,190 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.
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