
3517 Cameo #87
Btop 30%Oceanside, CA 92056Neighborhood: Mira Costa
1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 7, 2026.
Pass at asking: -$3,039/mo full cashflow at 20% down, 7.43% rate.
Works at $303,429 (57% under asking), or at 83% down.
Rent $3,643/mo from 9 leases of 3-bed condos & townhomes within 2 mi ($3,364–$3,911).
Beds
3
Baths
2
Sqft
1,297
Year Built
1992
Days on Market
45
Property Type
Condo
HOA/mo
$475
MLS ID
260023183SD
This property is in Oceanside (92056). View neighborhood stats →
About This Property
Step into light-filled living in the highly sought-after gated community of Palmilla Del Oro. This rare three-bedroom, two-bathroom upper-level condominium feels incredibly airy, with soaring volume ceilings and a single-level layout that flows effortlessly from one space to the next. Natural sunlight pours across the wood flooring, highlighting a generous living room that transitions seamlessly into a formal dining area. The updated kitchen is a delight, offering ample prep space and storage. It opens into a cozy breakfast nook and leads directly out to one of two private balconies—perfect for enjoying a morning coffee in the fresh air. The primary suite serves as a true retreat, complete with a spacious walk-in closet and an en-suite bathroom featuring a dual-sink vanity and a large step-in shower. Practicality meets style with a detached one-car garage providing plenty of extra storage, plus an additional dedicated parking space. The Palmilla Del Oro community is meticulously maintained, offering residents access to a sparkling pool, spa, and play area. Situated in a prime Oceanside location, you’re just minutes from the beach and surrounded by local dining and shopping favorites. This is a standout opportunity not to be missed.
Mortgage Calculator
Est. Monthly Payment
$5,261
Location
Loading map...
Zoned Schools
Elementary
Christa McAuliffe Elementary · grades K-5 · Oceanside Unified
Middle
Martin Luther King Jr. Middle · grades 6-8 · Oceanside Unified
High
El Camino High · grades 9-12 · Oceanside Unified
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
$3,643
Comp Average
$3,288
2345 Rancho Del Oro Road
3bd / 2ba · 1,297 sqft · Condo
$660K
Est. $3,887/mo
3565 Paseo De Los Californianos
2bd / 2ba · 1,093 sqft · Condo
$530K
Est. $3,045/mo
3511 Cameo Drive
2bd / 2ba · 1,008 sqft · Condo
$594K
Est. $3,178/mo
3555 Cameo Drive
2bd / 2ba · 1,008 sqft · Condo
$585K
Est. $3,154/mo
3535 Cameo Drive
2bd / 2ba · 1,008 sqft · Condo
$595K
Est. $3,178/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules
Investment Score
9 leases of 3-bed condos & townhomes within 2 mi · $3,364–$3,911
Blended 50/50 with the zip's market median ($3,685)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,039/mo short at 20% down; 83% down or +$3,946/mo rent closes it.
- Break-even price
- $303,429
- Break-even rent
- $7,589/mo
- Cashflow at 35% down
- −$2,311/mo
- Down payment to break even
- 83%
- Rate to break even
- Not reachable
57% under asking
$3,946/mo above the estimate
$580,170 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.
Open Full Calculator