1499 Enchante
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1499 Enchante

Ctop 80%

Oceanside, CA 92056Neighborhood: Ivey Ranch & Rancho Del Oro

$1,049,000
STR closed · inland Oceanside

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 8, 2026.

Pass at asking: -$4,479/mo full cashflow at 20% down, 7.43% rate.

Works at $465,808 (56% under asking), or at 82% down.

Rent $4,862/mo from 12 leases of 4–6 bed houses within 1 mi ($4,703–$5,049).

Beds

5

Baths

3.5

Sqft

2,446

Year Built

2003

Days on Market

44

Property Type

Single Family

HOA/mo

$166

MLS ID

260023223SD

This property is in Oceanside (92056). View neighborhood stats →

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About This Property

1499 Enchante Way, Oceanside, CA 92056, is located in the established Rancho Del Oro area of Oceanside. This 2003 two-story single-family home offers 5 bedrooms, 3 full baths, and 1 half bath, approximately 2,446 sq. ft. of living space, and a two-car garage on a lot of about 4,059 sq. ft. All bedrooms are upstairs. The main level is designed for everyday living and gatherings, with an open living area, kitchen oriented for cooking and conversation, and a convenient half bath. Upstairs, five bedrooms include a primary suite overlooking the backyard with a walk-in closet, plus a second bedroom with an attached bath that works well for guests or as a home office. Additional bedrooms are well-sized. Outside, the yard is suited to relaxing or entertaining and includes mature fruit trees, including fig, mulberry, guava, and loquat. I love the location. The home sits in a master-planned inland Oceanside neighborhood known for parks, greenbelts, and family-oriented streets, with neighborhood parks, Jim Wood Park/Rancho Del Oro Park, Martin Luther King Jr. Park, and the larger El Corazon area, including the SoCal Sports Complex, Wagner Aquatic Center, trails, and community facilities, close at hand. Daily shopping, dining, and services are nearby along College Boulevard. Commuters have ready access to SR-76, Hwy 78, and I-5.

Mortgage Calculator

Est. Monthly Payment

$7,349

Principal & Interest$5,828
Property Tax$1,049
Insurance$306
HOA$166
%($209,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Ivey Ranch Elementary · grades K-5 · Oceanside Unified

  • Middle

    Martin Luther King Jr. Middle · grades 6-8 · Oceanside Unified

  • High

    El Camino High · grades 9-12 · Oceanside Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules

Investment Score

23C
Est. Monthly Rent
$4,862

12 leases of 4–6 bed houses within 1 mi · $4,703–$5,049

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,487
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,479

What would make this work?

$4,479/mo short at 20% down; 82% down or +$5,817/mo rent closes it.

Break-even price

56% under asking

$465,808
Break-even rent

$5,817/mo above the estimate

$10,679/mo
Cashflow at 35% down
−$3,386/mo
Down payment to break even

$860,180 cash

82%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,828
Cap Rate
1.82%
Cash-on-Cash
-25.62%
DSCR

Need ≥ 1.25 for DSCR loan

0.66

NOI (Annual)
$19,100
Price-to-Rent

Lower = better for investors

18.0

* Modelled at 20% down, 7.43% 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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CCashflow−$4,479/mo