348 Riverview Way

Atop 10%

Oceanside, CA 92057

$475,000

NEW — 2d

Pass at asking: -$1,603/mo full cashflow at 20% down, 7.43% rate.

Works at $266,291 (44% under asking), or at 69% down.

Rent $3,228/mo from 13 leases of 1–3 bed houses within 2 mi ($3,198–$3,499).

Beds

Baths

Sqft

1,140

Year Built

1988

Days on Market

Property Type

Single Family

HOA/mo

$440

MLS ID

NDP2610080

This property is in Oceanside (92057). Browse neighborhood analytics →

About This Property

2 bedroom, 2 bath home in Flair Oceanside with a 1-car garage, plus a carpeted upstairs bonus room with vaulted ceilings (permit status unknown - Buyer to verify). Wood-style floors run through the bright living spaces, with a fireplace in the living room and an open view of the kitchen. Slider doors open to a private rear patio. The HOA includes pool, spa, tennis, trash, water and sewer.

Mortgage Calculator

Est. Monthly Payment

$3,692

Principal & Interest$2,639

Property Tax$475

Insurance$139

HOA$440

Down Payment

%($95,000)

Interest Rate

Loan Term

Location

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Comparable Properties

5 comps found

This Property

$3,228

Comp Average

$3,143

3544 Bartlett Avenue

2bd / 2ba · 1,046 sqft · Single Family

$475K

Est. $3,323/mo

3730 Ginger Way

2bd / 2ba · 1,122 sqft · Single Family

$525K

Est. $3,201/mo

1039 Plover Way

2bd / 2ba · 1,050 sqft · Single Family

$505K

Est. $3,124/mo

1125 Turnstone Way

2bd / 2ba · 1,050 sqft · Single Family

$525K

Est. $3,072/mo

4362 Dowitcher Way

2bd / 2ba · 1,056 sqft · Single Family

$539K

Est. $2,997/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

67A

Est. Monthly Rent

$3,228

13 leases of 1–3 bed houses within 2 mi · $3,198–$3,499

Blended 50/50 with the zip's market median ($3,150)

Monthly Cashflow

Rent − PITIA

-$465

Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,603

What would make this work?

$1,603/mo short at 20% down; 69% down or +$2,082/mo rent closes it.

Break-even price: $266,291
Break-even rent: $5,310/mo
Cashflow at 35% down: −$1,108/mo
Down payment to break even: 69%
Rate to break even: Not reachable

Mortgage (P+I)

$2,639

Cap Rate

3.02%

Cash-on-Cash

-20.25%

DSCR

Need ≥ 1.25 for DSCR loan

0.87

NOI (Annual)

$14,366

Price-to-Rent

Lower = better for investors

12.3

* 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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ACashflow−$1,603/mo