2395 Rancho Del Oro Road

2395 Rancho Del Oro Road #29

D

Oceanside, CA 92056

$600,000

Soft Appraisal Value: $604,600 · 0.8% below estimate

Beds

2

Baths

2

Sqft

1,008

Year Built

1991

Days on Market

14

Property Type

Condo

HOA/mo

$510

MLS ID

NDP2602371

Description

VA approved condo! 7 minutes to the beach! Come live your best life in this 1000+ sqft gorgeous light and bright condo that boasts two balconies where you can enjoy breathtaking sunsets all year long! Located in a gated community this modern beauty will steal your heart as you enter. The open floor plan features laminate flooring and cozy carpet. The living room, dining area, kitchen and outdoor patio flow seamlessly together for ease of daily living. Open the living room french patio doors wide to create an indoor-outdoor living atmosphere. The living room also enjoys a cozy fireplace with a stunning repurposed wood accent wall. The kitchen features granite counters, stainless steel appliances, and is open to the dining/living area. The primary bedroom enjoys it's own private balcony with french doors, a double vanity with custom mirrors and lighting, a large shower with bathtub and 2 large closets. Full sized laundry is conveniently located in the hallway. Large 2nd bedroom has its own bathroom. One car garage with additional storage included along with one assigned parking spot. Community features heated pool, spa, basketball court, an outdoor BBQ area, pet friendly areas and more. Shopping, dining, and entertainment nearby. Minutes to Oceanside Pier, The Harbor, I-5, and Camp Pendleton

Mortgage Calculator

Est. Monthly Payment

$4,319

Principal & Interest$3,034
Property Tax$600
Insurance$175
HOA$510
%($120,000)
%

Investment Score

3D
Est. Monthly Rent
$3,029
Monthly Cashflow

Rent − PITI − HOA

$-1,290
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,487

Mortgage (P+I)
$3,034
Cap Rate
1.09%
Cash-on-Cash
-24.87%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$6,258

NOI (Annual)
$6,568
Price-to-Rent

Lower = better for investors

16.5

* 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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