3209 Tyler Street
Ctop 80%Carlsbad, CA 92008Neighborhood: Barrio
56 licensed short-term rentals within ½ mile (56 whole home), from the cities' license and permit lists of Nov 8, 2026.
Pass at asking: -$9,530/mo full cashflow at 20% down, 7.43% rate.
Works at $509,101 (71% under asking), or at 99% down.
Rent $5,706/mo from 9 leases of 2–4 bed condos & townhomes within 0.5 mi ($4,816–$6,789).
Beds
3
Baths
3.5
Sqft
2,220
Year Built
2026
Days on Market
44
Property Type
Townhouse
HOA/mo
$484
MLS ID
260023209SD
This property is in Carlsbad (92008). View neighborhood stats →
About This Property
Finishing construction this November, this rear end-unit townhome offers sun-drenched spaces, large decks for entertaining, and even an ocean view! Welcome to Breezeways, an intimate enclave of just 12 modern coastal residences in the heart of Carlsbad. Perfectly positioned just one block from vibrant Carlsbad Village and two blocks from the Pacific Ocean, this rare 3-bedroom, 3.5-bath three-story townhome delivers the ultimate North County beach lifestyle. The smart, functional layout gives every bedroom its own dedicated en-suite bath, offering optimal privacy for family, guests, or a dedicated home office setup. Enjoy expansive, open-concept living accented by clean contemporary finishes and designed for effortless indoor-outdoor flow. Step out onto private outdoor decks to soak in the natural light and cool coastal breezes. Spanning 2,220 sq ft of masterfully crafted living space, this home lives and feels like a detached property. Walk to top-rated dining, local shops, Barons Market, and the beach right from your front door in this exclusive, limited-collection community.
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Est. Monthly Payment
$12,466
Location
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Comparable Properties
5 comps foundThis Property
$5,706
Comp Average
$5,746
2626 Quince Way
4bd / 3.5ba · 1,994 sqft · Townhouse
$1.20M
Est. $5,392/mo
2544 Thyme Way
4bd / 3.5ba · 2,070 sqft · Townhouse
$1.25M
Est. $5,434/mo
3219 Tyler Street
3bd / 3.5ba · 2,176 sqft · Townhouse
$1.70M
Est. $6,210/mo
3221 Tyler St
3bd / 3.5ba · 2,220 sqft · Townhouse
$1.70M
Est. $5,706/mo
2531 State
3bd / 3.5ba · 2,327 sqft · Condo
$2.00M
Est. $5,989/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Outside Carlsbad's Coastal Zone, where short-term rentals are not allowed. See the rules
Investment Score
9 leases of 2–4 bed condos & townhomes within 0.5 mi · $4,816–$6,789
Blended 50/50 with the zip's market median ($5,344)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$9,530/mo short at 20% down; 99% down or +$12,377/mo rent closes it.
- Break-even price
- $509,101
- Break-even rent
- $18,083/mo
- Cashflow at 35% down
- −$7,707/mo
- Down payment to break even
- 99%
- Rate to break even
- Not reachable
71% under asking
$12,377/mo above the estimate
$1,732,401 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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