
227 Bluebird Lane
Atop 10%Oceanside, CA 92057Neighborhood: San Luis Rey
Pass at asking: -$481/mo full cashflow at 20% down, 7.36% rate.
Works at $211,521 (23% under asking), or at 46% down.
Rent $2,340/mo: zip market median for this bed count.
Beds
2
Baths
2
Sqft
960
Year Built
1978
Days on Market
86
Property Type
Manufactured
HOA/mo
$185
MLS ID
ND26179656
This property is in Oceanside (92057). Browse neighborhood analytics →
About This Property
**NEW PRICE**Own Your Own Land and Home*Land is on Annual Property Tax and Home is an Annual HCD Registration**Wonderful 55+ Gated Community in the Beautiful City of Oceanside**Located about 6 Miles for the Coast**Ride Your Bike along the Biking Trail at the San Luis Rey River to the Oceanside Harbor and Beach**Low HOA Fees of $185 per Month (Includes Water, Sewer, Trash)**NO SPACE RENT**Nicely Maintained 2 Bedroom/2 Bath Home**Nice Size Kitchen**Separate Laundry Area Room**Great Size Primary Closet**Wonderful Living Room for Family Gatherings**This is an Active Community with a lot of Activities for Everyone to Meet and Socialize**The Community Features a Clubhouse with a Library, Fitness Room, Shuffle Ball Court, Banquet/Card Room, Basketball Hoop, Hobby Room, Kitchen, Car Wash, RV/Boat Parking(subject to availability), and so much more**Shopping Nearby**Restaurants**Medical Offices**NO PET PARK (only Service Animals Allowed)**Come see this home...It won't last long**
Mortgage Calculator
Est. Monthly Payment
$2,054
Location
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Zoned Schools
Elementary
Nichols 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.
Comparable Properties
5 comps foundThis Property
$2,340
Comp Average
$3,165
3631 Brandywine Street
2bd / 1.5ba · 1,050 sqft · Single Family
$413K
Est. $3,354/mo

3521 Pear Blossom Drive
2bd / 2ba · 1,046 sqft · Single Family
$363K
Est. $3,025/mo
3839 Vista Campana S 8
2bd / 2ba · 994 sqft · Single Family
$399K
Est. $3,209/mo

3760 Vista Campana
2bd / 2ba · 994 sqft · Single Family
$419K
Est. $3,218/mo
3839 Vista Campana
2bd / 1.5ba · 994 sqft · Single Family
$430K
Est. $3,017/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$481/mo short at 20% down; 46% down or +$625/mo rent closes it.
- Break-even price
- $211,521
- Break-even rent
- $2,965/mo
- Cashflow at 35% down
- −$197/mo
- Down payment to break even
- 46%
- Rate to break even
- 3.88%
23% under asking
$625/mo above the estimate
$126,270 cash
at 20% down
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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