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3383 Campo Azul Ct
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3383 Campo Azul Ct

Ctop 80%

Carlsbad, CA 92010Neighborhood: Calavera Hills

$975,000
NEW — 1d
STR closed · outside Carlsbad's Coastal Zone

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: -$4,772/mo full cashflow at 20% down, 7.36% rate.

Works at $350,620 (64% under asking), or at 91% down.

Rent $4,025/mo from 14 leases of 2–4 bed condos & townhomes within 2 mi ($3,562–$4,386).

Beds

3

Baths

2.5

Sqft

1,681

Year Built

2018

Days on Market

1

Property Type

Townhouse

HOA/mo

$420

MLS ID

NDP2610212

This property is in Carlsbad (92010). View neighborhood stats →

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About This Property

Largest plan in Agave at The Preserve! Newer end unit with 3 bedrooms/2.5 baths, attached 2-car garage, and private yard. Original owners - first time on the market! Great room concept on main floor. Island kitchen with pantry. Convenient upstairs laundry room. Primary bedroom features a private view balcony and walk-in closet. Spa-like primary bath with soaking tub, shower, and dual sinks. CARLSBAD SCHOOLS! Community pool, spa, fitness center, and incredible hiking and walking trails. Close to shopping, restaurants, parks, and the 78 freeway.

Mortgage Calculator

Est. Monthly Payment

$7,059

Principal & Interest$5,379
Property Tax$975
Insurance$284
HOA$420
%($195,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Hope Elementary · grades K-5 · Carlsbad Unified

  • Middle

    Calavera Hills Middle · grades 6-8 · Carlsbad Unified

  • High

    Sage Creek High · grades 9-12 · Carlsbad Unified

    or Carlsbad High · grades 9-12 · Carlsbad Unified

    Choice area: the district lets families here pick either school.

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

4 comps found

This Property

$4,025

vs

Comp Average

$4,147

3683 Jetty Point

3683 Jetty Point

2bd / 2ba · 1,341 sqft · Townhouse

$830K

Est. $3,827/mo

2885 Sanford Ln

2885 Sanford Ln

3bd / 2.5ba · 1,693 sqft · Townhouse

$935K

Est. $4,298/mo

2980 Ridgefield Avenue

2980 Ridgefield Avenue

2bd / 2.5ba · 1,435 sqft · Townhouse

$950K

Est. $3,835/mo

3131 Asto Pl

3131 Asto Pl

3bd / 2.5ba · 1,681 sqft · Condo

$1.20M

Est. $4,627/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

12C
Est. Monthly Rent
$4,025

14 leases of 2–4 bed condos & townhomes within 2 mi · $3,562–$4,386

Blended 50/50 with the zip's market median ($4,072)

Monthly Cashflow

Rent − PITIA

-$3,033
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,772

What would make this work?

$4,772/mo short at 20% down; 91% down or +$6,197/mo rent closes it.

Break-even price

64% under asking

$350,620
Break-even rent

$6,197/mo above the estimate

$10,222/mo
Cashflow at 35% down
−$3,763/mo
Down payment to break even

$887,250 cash

91%
Rate to break even

Negative even at a 0% loan

Not reachable
Mortgage (P+I)
$5,379
Cap Rate
1.00%
Cash-on-Cash
-29.36%
DSCR

Need ≥ 1.25 for DSCR loan

0.57
NOI (Annual)
$9,708
Price-to-Rent

Lower = better for investors

20.2

* 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−$4,772/mo