2301 Ivy Rd

2301 Ivy Rd

D

Oceanside, CA 92054

$1,297,000
NEW — 0d on market

Beds

3

Baths

2

Sqft

2,384

Year Built

1961

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602266

Description

Renovators, Investors and Visionaries - an epic opportunity awaits you in the well-known and highly sought after Fire Mountain community! Nestled behind this fully gated 1/3-acre property, you will find privacy, serenity, a vintage 2384 SqFt single level home. Couple that with a detached 460 SqFt "building" which could be anything your heart desires (potential ADU). This spacious building currently serves as a storage space on the lower level and a “playroom” on the upper level. Bonus: a spacious 600 SqFt detached garage in addition to plenty of space to park a boat, an RV or extra vehicles. Multiple gardens, tiered patio spaces, mature trees, producing fruit trees and outdoor spaces that say "entertainment". This well-cared for home simply needs that person with the vision to create and the pocketbook to carry those dreams to fruition. Moments from all of the shopping necessary at the I-5 and I-78 intersection, less than 30 minutes from the countless "happenings" in the sizzling South O'Side community, not to mention the proximity to Olde Carlsbad AND the beaches in both Carlsbad and Oceanside.

Mortgage Calculator

Est. Monthly Payment

$8,234

Principal & Interest$6,558
Property Tax$1,297
Insurance$378
%($259,400)
%

Investment Score

6D
Est. Monthly Rent
$5,101
Monthly Cashflow

Rent − PITI − HOA

$-3,132
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,386

Mortgage (P+I)
$6,558
Cap Rate
1.08%
Cash-on-Cash
-14.49%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.62
Break-even Rent
$8,233

NOI (Annual)
$14,063
Price-to-Rent

Lower = better for investors

21.2

* 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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