200 El Camino Real #347
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200 El Camino Real #347

Atop 10%

Oceanside, CA 92058Neighborhood: San Luis Rey

$189,500
STR closed · inland Oceanside

2 licensed short-term rentals within ½ mile (2 whole home), from the cities' license and permit lists of Nov 13, 2026.

Works at asking: +$217/mo full cashflow at 20% down, 7.36% rate.

Still breaks even up to $217,771 (15% above asking).

Rent $2,162/mo: zip market median for this bed count.

Beds

2

Baths

2

Sqft

960

Year Built

1977

Days on Market

161

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2605398

This property is in Oceanside (92058). Browse neighborhood analytics →

Virtual Tour

About This Property

Charming home in the highly sought-after San Luis Rey community! Enjoy affordable coastal living in this rent-controlled community with a low space rent of just $695 per month and no property taxes. This 2-bedroom, 2-bath home features a functional floorplan with a spacious kitchen, designated dining area, enclosed patio/sunroom, and a convenient laundry room off the side entrance. Covered parking includes a ramp for easy access to the home. The backyard offers a blank canvas ready for your personal touch, and a storage shed provides additional space for tools and belongings. San Luis Rey Homes offers an active lifestyle with exceptional amenities, including two pools, spas, tennis courts, pickleball courts, billiard and card rooms, along with numerous community events and social gatherings throughout the year. Conveniently located near Highway 76, shopping, dining, and just a short drive to the beach, this is a wonderful opportunity to enjoy the best of Oceanside living.

Mortgage Calculator

Est. Monthly Payment

$1,290

Principal & Interest$1,046
Property Tax$190
Insurance$55
%($37,900)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Louise Foussat Elementary · grades K-5 · Oceanside Unified

  • Middle

    Jefferson Middle · grades 6-8 · Oceanside Unified

  • High

    Oceanside 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

98A
Est. Monthly Rent
$2,162

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

+$872
Full Cashflow

Incl. vacancy, PM, maint, capex

+$217

What would make this work?

Cashflows +$217/mo at 20% down with every reserve funded.

Break-even price

15% above asking

$217,771
Break-even rent

Estimated rent already clears it

$1,880/mo
Cashflow at 35% down
+$413/mo
Down payment to break even

$17,055 cash

9%
Rate to break even

at 20% down

9.39%

Mortgage (P+I)
$1,046
Cap Rate
8.68%
Cash-on-Cash
6.86%
DSCR
1.68

NOI (Annual)
$16,445
Price-to-Rent

Lower = better for investors

7.3

* 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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ACashflow+$217/mo