3680 Azure Circle

3680 Azure Circle

Ctop 80%

Carlsbad, CA 92008Neighborhood: Olde Carlsbad

$1,124,900
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 2, 2026.

Pass at asking: -$5,314/mo full cashflow at 20% down, 7.49% rate.

Works at $435,986 (61% under asking), or at 88% down.

Rent $5,210/mo from 15 leases of 3-bed condos & townhomes within 2 mi ($4,816–$5,557).

Beds

3

Baths

2.5

Sqft

1,909

Year Built

1992

Days on Market

136

Property Type

Townhouse

HOA/mo

$649

MLS ID

NDP2605881

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

Virtual Tour

About This Property

Call today to schedule a tour! Bel Azure is a quiet, safe and convenient neighborhood. This beauty offers 3 bdrms 2.5 bth & 1909 spacious sq ft. Updated kitchen , granite counters, custom tile backsplash, wood floors. Soaring ceilings, skylights, tons of natural light. A huge primary suite w/ double door entrance, vaulted ceilings, huge walk-in closet & dual sinks in bathroom. 2 bedrooms on entry level. Indoor laundry room, 2 car attached garage. Not only do you have a beautifully landscaped private backyard but also a balcony! Community pool, front yard, roof, building exterior, slopes and common areas are maintained by HOA. Generous guest parking available. This home is minutes to great schools, beach, shopping, hospitals, dining and everything else Carlsbad has to offer! Take a look and fall in love!

Mortgage Calculator

Est. Monthly Payment

$8,388

Principal & Interest$6,286
Property Tax$1,125
Insurance$328
HOA$649
%($224,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Magnolia Elementary · grades K-5 · Carlsbad Unified

  • Middle

    Valley 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.

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

Investment Score

13C
Est. Monthly Rent
$5,210

15 leases of 3-bed condos & townhomes within 2 mi · $4,816–$5,557

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$3,178
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,314

What would make this work?

$5,314/mo short at 20% down; 88% down or +$6,901/mo rent closes it.

Break-even price

61% under asking

$435,986
Break-even rent

$6,901/mo above the estimate

$12,111/mo
Cashflow at 35% down
−$4,135/mo
Down payment to break even

$989,912 cash

88%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,286
Cap Rate
1.32%
Cash-on-Cash
-28.34%
DSCR

Need ≥ 1.25 for DSCR loan

0.62

NOI (Annual)
$14,795
Price-to-Rent

Lower = better for investors

18.0

* Modelled at 20% down, 7.49% 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−$5,314/mo