
3448 Bumann Road
Dbottom 20%Encinitas, CA 92024Neighborhood: Olivenhain
0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 14, 2026.
Pass at asking: -$23,447/mo full cashflow at 20% down, 7.36% rate.
Works at $1,226,990 (71% under asking), or at all cash.
Rent $12,178/mo from 11 leases of 4–6 bed houses within 2 mi ($8,281–$15,672).
Beds
5
Baths
4.5
Sqft
4,482
Year Built
2000
Days on Market
45
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2609040
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Custom-built home and separate ADU in an ultra-private Olivenhain setting w/stunning panoramic southerly views of the surrounding countryside and hills. An open floor plan, high ceilings and views from the main living areas create a light and spacious feel. The flexible floor plan offers single-story living, with most bedrooms and main living areas on the first level. The kitchen with breakfast nook opens to the family room, ideal for everyday living and entertaining. Upstairs, two bedrooms (1 has no closet), a bath, kitchenette, spacious living room and private entrance provide an ideal space for extended family, guests or a home office. A near new custom built ADU is privately situated away from the main residence and features 2 BR/2BA, approx. 1196 SF, a large covered patio and parking for two cars. Outdoor amenities include a built-in BBQ with refrigerator and sit-up dining, along with room for a pool. Enjoy the tranquil country atmosphere, with easy access to nearby rural trail system, while still being just minutes from excellent schools, shopping and restaurants, and within easy reach of the beaches. Owned solar and 3-car garage. No HOA or Mello-Roos.
Mortgage Calculator
Est. Monthly Payment
$29,244
Location
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Zoned Schools
Elementary
Olivenhain Pioneer Elementary · grades K-6 · Encinitas Union Elementary
Middle
Diegueno 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
$12,178
Comp Average
$10,851
1280 Santa Fe Dr
5bd / 5.5ba · 4,796 sqft · Single Family
$3.40M
Est. $12,647/mo
3105 Caminito Ricardo
5bd / 4ba · 4,422 sqft · Single Family
$3.40M
Est. $10,739/mo
1651 Bella Laguna Court
5bd / 4.5ba · 4,576 sqft · Single Family
$4.50M
Est. $9,844/mo
3501 Lone Hill Lane
5bd / 4.5ba · 4,575 sqft · Single Family
$3.60M
Est. $8,367/mo
904 Bracero Road
5bd / 4.5ba · 4,201 sqft · Single Family
$4.80M
Est. $12,660/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 4–6 bed houses within 2 mi · $8,281–$15,672
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$23,447/mo short at 20% down; 100% down or +$30,450/mo rent closes it.
- Break-even price
- $1,226,990
- Break-even rent
- $42,628/mo
- Cashflow at 35% down
- −$19,003/mo
- Down payment to break even
- 100%
- Rate to break even
- Not reachable
71% under asking
$30,450/mo above the estimate
$4,295,000 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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