2246 Edgewood Place
Atop 10%Oceanside, CA 92054Neighborhood: Loma Alta
13 licensed short-term rentals within ½ mile (13 whole home), from the cities' license and permit lists of Nov 6, 2026.
Pass at asking: -$3,138/mo full cashflow at 20% down, 7.43% rate.
Works at $556,454 (42% under asking), or at 67% down.
Rent $5,550/mo from 12 leases of 3-bed houses within 2 mi ($5,186–$6,537).
Beds
3
Baths
2
Sqft
2,157
Year Built
1960
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2610067
This property is in Oceanside (92054). View neighborhood stats →
About This Property
Welcome to 2246 Edgewood Place, an exciting opportunity in the heart of Oceanside just a hop, skip and a jump to the Ocean! Situated in an established neighborhood, this property offers endless possibilities to bring your vision to life. With the opportunity to personalize, update, and create a space that reflects your own style, this home is full of potential. Whether you're looking to refresh the existing space or explore new design possibilities, this property provides a great starting point. Conveniently located near shopping, dining, parks, schools, major transportation routes, and Oceanside's beautiful beaches. Don't miss the chance to unlock the possibilities and make this property your own!
Mortgage Calculator
Est. Monthly Payment
$6,607
Location
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Zoned Schools
Elementary
Mission 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.
Comparable Properties
5 comps foundThis Property
$5,550
Comp Average
$5,318
2190 Greenbrier Drive
4bd / 2.5ba · 1,899 sqft · Single Family
$955K
Est. $5,161/mo
3245 Carolyn Dr
4bd / 2ba · 1,912 sqft · Single Family
$991K
Est. $4,837/mo
2302 Greenbrier Drive
4bd / 2.5ba · 2,191 sqft · Single Family
$1.29M
Est. $6,189/mo
355 Islander St.
3bd / 2.5ba · 2,021 sqft · Single Family
$1.32M
Est. $5,216/mo
418 Mainsail Road
4bd / 2.5ba · 2,154 sqft · Single Family
$1.37M
Est. $5,185/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
12 leases of 3-bed houses within 2 mi · $5,186–$6,537
Blended 50/50 with the zip's market median ($5,324)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,138/mo short at 20% down; 67% down or +$4,075/mo rent closes it.
- Break-even price
- $556,454
- Break-even rent
- $9,625/mo
- Cashflow at 35% down
- −$2,132/mo
- Down payment to break even
- 67%
- Rate to break even
- 0.24%
42% under asking
$4,075/mo above the estimate
$646,550 cash
at 20% down
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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