262 Reid Way
Ctop 80%Oceanside, CA 92057Neighborhood: Morro Hills
0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$7,949/mo full cashflow at 20% down, 7.36% rate.
Works at $459,707 (69% under asking), or at 97% down.
Rent $5,030/mo from 8 leases of 4-bed houses within 1 mi ($5,233–$6,168).
Beds
4
Baths
3.5
Sqft
3,335
Year Built
2026
Days on Market
118
Property Type
Single Family
HOA/mo
$360
MLS ID
260017582SD
This property is in Oceanside (92057). Browse neighborhood analytics →
About This Property
Ready for move-in November and with backsplashes and upgraded flooring already installed, this new single-level home features a modern and low-maintenance design. Three secondary bedrooms off the entry offer a personal retreat. A spacious and flexible open-concept floorplan maximizes interior space, and a nearby California Room provides seamless outdoor entertainment and recreation. A convenient office space it tucked away off the main living area near the luxe owner’s suite, complete with a spa-inspired bathroom and dual walk-in closets.
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Est. Monthly Payment
$10,573
Location
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Comparable Properties
5 comps foundThis Property
$5,030
Comp Average
$5,393
1268 Bellingham Drive
4bd / 4.5ba · 3,203 sqft · Single Family
$1.15M
Est. $5,472/mo
5555 Dora Way
4bd / 3.5ba · 3,209 sqft · Single Family
$1.25M
Est. $5,538/mo
133 Mellano Way
4bd / 4.5ba · 3,494 sqft · Single Family
$1.30M
Est. $5,423/mo
5567 Dora Way
4bd / 3.5ba · 3,209 sqft · Single Family
$1.25M
Est. $5,048/mo
274 Hadley Way
4bd / 3.5ba · 3,335 sqft · Single Family
$1.38M
Est. $5,483/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
8 leases of 4-bed houses within 1 mi · $5,233–$6,168
Blended 50/50 with the zip's market median ($4,709)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$7,949/mo short at 20% down; 97% down or +$10,323/mo rent closes it.
- Break-even price
- $459,707
- Break-even rent
- $15,353/mo
- Cashflow at 35% down
- −$6,397/mo
- Down payment to break even
- 97%
- Rate to break even
- Not reachable
69% under asking
$10,323/mo above the estimate
$1,454,903 cash
Negative even at a 0% loan
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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