3883 Cornell Dr
Ctop 80%Oceanside, CA 92056Neighborhood: Mira Costa
7 licensed short-term rentals within ½ mile (7 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$6,219/mo full cashflow at 20% down, 7.36% rate.
Works at $536,382 (60% under asking), or at 87% down.
Rent $5,323/mo from 23 leases of 4–6 bed houses within 2 mi ($5,000–$5,512).
Beds
5
Baths
3
Sqft
2,718
Year Built
1991
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026846SD
This property is in Oceanside (92056). View neighborhood stats →
About This Property
Fully Upgraded 5BR/3BA Oasis with No HOA & Private Resort-Style Backyard Welcome to this beautifully updated 5-bedroom, 3-bathroom residence situated in an established, highly sought-after neighborhood with NO HOA. Designed for both effortless daily living and grand entertaining, the thoughtful floor plan is bathed in an abundance of natural light. At the heart of the home, the spacious kitchen features upgraded cabinetry, rich granite countertops, and seamless sightlines to the living areas. The primary suite serves as a true spa-inspired retreat, complete with enhanced privacy and dual walk-in closets. Step outside into your private backyard paradise. Fully fenced and professionally landscaped, this outdoor entertaining haven boasts a built-in outdoor kitchen and bar, a shaded palapa perfect for watching the big game, and a brand-new spa for ultimate evening relaxation. Located just minutes from premier shopping, top schools, major freeways, transit, and local farmers markets. Properties offering this exceptional combination of style, upgrades, and prime location move quickly—schedule your private tour today!
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Est. Monthly Payment
$9,192
Location
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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
$5,323
Comp Average
$5,189
1499 Enchante
5bd / 3.5ba · 2,446 sqft · Single Family
$1.05M
Est. $4,905/mo
3806 Stanford Drive
4bd / 2.5ba · 2,441 sqft · Single Family
$1.07M
Est. $4,909/mo
4932 Colusa Drive
4bd / 2.5ba · 2,680 sqft · Single Family
$1.07M
Est. $4,979/mo
3733 Southridge Way
5bd / 3ba · 2,835 sqft · Single Family
$1.35M
Est. $5,576/mo
3760 Southridge Way
5bd / 3ba · 2,835 sqft · Single Family
$1.37M
Est. $5,576/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
23 leases of 4–6 bed houses within 2 mi · $5,000–$5,512
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,219/mo short at 20% down; 87% down or +$8,076/mo rent closes it.
- Break-even price
- $536,382
- Break-even rent
- $13,399/mo
- Cashflow at 35% down
- −$4,822/mo
- Down payment to break even
- 87%
- Rate to break even
- Not reachable
60% under asking
$8,076/mo above the estimate
$1,174,500 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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