221 El Camino Real #11
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221 El Camino Real #11

Atop 10%

Oceanside, CA 92058Neighborhood: San Luis Rey

$209,950
STR closed · inland Oceanside

1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 13, 2026.

Works at asking: +$60/mo full cashflow at 20% down, 7.36% rate.

Still breaks even up to $217,771 (4% above asking).

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

Beds

2

Baths

2

Sqft

900

Year Built

1968

Days on Market

120

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

WS26154785

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

About This Property

Move-In Ready Home in a Prime Oceanside Location! Discover this well-maintained 1968 home located in the desirable Oceanside Terrace community in Oceanside, CA. Featuring 2 bedrooms, 2 bathrooms, and a spacious open-concept floor plan, this home offers comfortable everyday living with plenty of natural light throughout. The inviting living and dining areas flow seamlessly into the well-appointed kitchen, complete with ample cabinetry and workspace. The primary suite offers privacy and comfort, while the second bedroom and full bathroom provide flexibility for guests, a home office, or hobbies. Additional features include indoor laundry, a covered carport, and low-maintenance outdoor spaces. With affordable space rent of just $795 per month and a convenient location near shopping, dining, beaches, and everyday amenities, this is an excellent opportunity to enjoy the Southern California lifestyle at an attainable price. Don't miss your chance to make this move-in ready home your own!

Mortgage Calculator

Est. Monthly Payment

$1,430

Principal & Interest$1,158
Property Tax$210
Insurance$61
%($41,990)
%
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

95A
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

+$733
Full Cashflow

Incl. vacancy, PM, maint, capex

+$60

What would make this work?

Cashflows +$60/mo at 20% down with every reserve funded.

Break-even price

4% above asking

$217,771
Break-even rent

Estimated rent already clears it

$2,083/mo
Cashflow at 35% down
+$278/mo
Down payment to break even

$41,990 cash

20%
Rate to break even

at 20% down

7.88%

Mortgage (P+I)
$1,158
Cap Rate
7.58%
Cash-on-Cash
1.73%
DSCR
1.51

NOI (Annual)
$15,923
Price-to-Rent

Lower = better for investors

8.1

* 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+$60/mo