2156 Coast Highway
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2156 Coast Highway

C

Oceanside, CA 92054

$820,000

Soft Appraisal Value: $824,400 · 0.5% below estimate

Beds

2

Baths

2

Sqft

1,590

Year Built

1982

Days on Market

96

Property Type

Condo

HOA/mo

$700

MLS ID

NDP2601819

This property is in Oceanside (92054). View neighborhood stats →

Virtual Tour

About This Property

This home features two large bedrooms and two baths. Recently painted and professionally deep cleaned. Newly installed wide neutral toned luxury vinyl plank flooring. Almost new kitchen appliances features a galley kitchen with considerable storage with soft closing drawers. Upgraded vinyl windows and sliding doors. A pool and spa are on site. Nestled between Carlsbad and South Oceanside you can walk or bike to area beaches and enjoy the quaint intimacy of both towns taking advantage of great restaurants, numerous yearly activities; including two street fairs and world class 5K and marathon races, and professional services nearby. This geographic location provide easy commuter access in any direction or take advantage of nearby train and Coaster stations.

Mortgage Calculator

Est. Monthly Payment

$5,906

Principal & Interest$4,146
Property Tax$820
Insurance$239
HOA$700
%($164,000)
%

Location

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Investment Score

32C
Est. Monthly Rent
$4,374
Monthly Cashflow

Rent − PITIA

$-1,531
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,221

Mortgage (P+I)
$4,146
Cap Rate
1.35%
Cash-on-Cash
-23.57%
DSCR

Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$8,557

NOI (Annual)
$11,108
Price-to-Rent

Lower = better for investors

15.6

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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