3217 Tyler Street

3217 Tyler Street

Ctop 80%

Carlsbad, CA 92008Neighborhood: Barrio

$1,749,900
STR closed · outside Carlsbad's Coastal Zone

56 licensed short-term rentals within ½ mile (56 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$9,290/mo full cashflow at 20% down, 7.36% rate.

Works at $534,227 (69% under asking), or at 97% down.

Rent $5,931/mo from 9 leases of 3–5 bed condos & townhomes within 1 mi ($5,200–$6,842).

Beds

4

Baths

4

Sqft

2,255

Year Built

2026

Days on Market

—

Property Type

Townhouse

HOA/mo

$484

MLS ID

260026997SD

This property is in Carlsbad (92008). View neighborhood stats →

About This Property

Welcome to the final 4 bedroom opportunity at Breezeways! An intimate coastal enclave of just 12 modern residences in the heart of Carlsbad. With construction wrapping up in November, this brand new, move in ready home puts you one block from vibrant Carlsbad Village and two blocks from the Pacific Ocean. Spanning across three thoughtfully designed levels, this 4 bedroom, 3.5 bath townhome offers the scale and feel of a detached single family residence. The versatile ground floor features a full bedroom, en-suite bath, and a 2 car garage. Upstairs offers an expansive open-concept living space flooded with natural light, accented by crisp contemporary finishes and a private deck built to capture coastal breezes. Ascend to the third level to find a sun-drenched landing featuring skylights, a built-in workstation, and a full-size laundry closet. This floor hosts three additional bedrooms alongside a serene primary suite, complete with a spa-inspired bath and a private balcony. Leave the car behind and walk straight out your front door to the beach, Barons Market, boutique shopping, and Carlsbad's best dining!

Mortgage Calculator

Est. Monthly Payment

$12,399

Principal & Interest$9,655
Property Tax$1,750
Insurance$510
HOA$484
%($349,980)
%
Loan Term

Location

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Short-term not available here. Outside Carlsbad's Coastal Zone, where short-term rentals are not allowed. See the rules

Investment Score

5C
Est. Monthly Rent
$5,931

9 leases of 3–5 bed condos & townhomes within 1 mi · $5,200–$6,842

Blended 50/50 with the zip's market median ($6,274)

Monthly Cashflow

Rent − PITIA

-$6,467
Full Cashflow

Incl. vacancy, PM, maint, capex

-$9,290

What would make this work?

$9,290/mo short at 20% down; 97% down or +$12,065/mo rent closes it.

Break-even price

69% under asking

$534,227
Break-even rent

$12,065/mo above the estimate

$17,996/mo
Cashflow at 35% down
−$7,480/mo
Down payment to break even

$1,697,403 cash

97%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$9,655
Cap Rate
0.45%
Cash-on-Cash
-31.85%
DSCR

Need ≥ 1.25 for DSCR loan

0.48

NOI (Annual)
$7,935
Price-to-Rent

Lower = better for investors

24.6

* 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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CCashflow−$9,290/mo