319 Volney Lane
Ctop 80%Encinitas, CA 92024Neighborhood: New Encinitas
6 licensed short-term rentals within ½ mile (4 whole home), from the cities' license and permit lists of Nov 4, 2026.
Pass at asking: -$6,170/mo full cashflow at 20% down, 7.49% rate.
Works at $329,008 (71% under asking), or at 99% down.
Rent $3,888/mo from 10 leases of 2–4 bed condos & townhomes within 0.5 mi, same school area ($3,716–$4,026).
Beds
3
Baths
2
Sqft
1,056
Year Built
1974
Days on Market
46
Property Type
Condo
HOA/mo
$456
MLS ID
260022909SD
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Come enjoy the Aloha, ocean breeze, and abundance of natural light from sunrise through sunset at this single-Story South-facing End home. Located on a quiet cul-de-sac, nestled in the heart of Encinitas yet removed from the bustle. 3 bedrooms 2 bathrooms, with two private patios, in 55+ High Country Villas. Full remodel just completed! Calcatta Imperial Quartz counter tops, Paradigm Conquest flooring, GE appliances, Custom Flash series (made in Spain) ceramic tiled showers, new vanities/toilets/ back-lighted LED mirrors, dual paned windows and slider doors throughout, Shaker solid core and french doors, gold fixtures and pulls, canned lighting and basket lights over new seated island, heating units and ceiling fans. 1 car garage with full sized laundry and 1 parking space in driveway. This home is in a very serene location within the community backing up to a greenbelt and open space (owned and operated by the County). Resort-style living with Clubhouse, Pool, hot tub, golf, and pickleball.
Mortgage Calculator
Est. Monthly Payment
$8,223
Location
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Zoned Schools
Elementary
Park Dale Lane Elementary · grades K-6 · Encinitas Union Elementary
Middle
Oak Crest Middle · grades 7-8 · San Dieguito Union High
High
La Costa Canyon High · grades 9-12 · San Dieguito Union High
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
$3,888
Comp Average
$4,197
1906 Park Dale Lane
2bd / 2ba · 1,080 sqft · Condo
$849K
Est. $3,974/mo
382 Carmel Creeper Place
2bd / 2.5ba · 1,088 sqft · Condo
$949K
Est. $4,538/mo
127 Glaucus Street
2bd / 2ba · 966 sqft · Condo
$895K
Est. $4,550/mo
1624 Forestdale Dr
2bd / 2ba · 1,056 sqft · Condo
$945K
Est. $3,969/mo
1644 Forestdale Dr
3bd / 2ba · 1,056 sqft · Condo
$1.15M
Est. $3,952/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Encinitas allows short-term rentals only in single-family homes and duplexes. See the rules
Investment Score
10 leases of 2–4 bed condos & townhomes within 0.5 mi, same school area · $3,716–$4,026
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,170/mo short at 20% down; 99% down or +$8,013/mo rent closes it.
- Break-even price
- $329,008
- Break-even rent
- $11,901/mo
- Cashflow at 35% down
- −$4,987/mo
- Down payment to break even
- 99%
- Rate to break even
- Not reachable
71% under asking
$8,013/mo above the estimate
$1,117,710 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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