4237 Half Moon Bay Way

4237 Half Moon Bay Way

Btop 30%

Oceanside, CA 92058

$560,000

Pass at asking: -$2,463/mo full cashflow at 20% down, 7.49% rate.

Works at $240,692 (57% under asking), or at 83% down.

Rent $3,203/mo from 9 leases of 2–4 bed condos & townhomes within 1 mi ($2,870–$3,077).

Beds

3

Baths

2

Sqft

1,147

Year Built

1984

Days on Market

—

Property Type

Condo

HOA/mo

$610

MLS ID

NDP2609969

This property is in Oceanside (92058). Browse neighborhood analytics →

About This Property

Skip the renovation projects. The updates are done. This freshly updated 3-bedroom, 2-bath townhome in Whelan Ranch brings together stylish finishes, a flexible layout, and your own 1-car garage. Fresh paint and new luxury vinyl flooring set the tone, while the kitchen features new quartzite countertops, a new sink, and updated appliances. New closet doors finish the refreshed look. The open living area gives you space to entertain, unwind, and make yourself at home. Three bedrooms give you choices: a dedicated home office, a welcoming guest room, or space for everyone to spread out. Spend an afternoon at the community pool and spa, enjoy the neighborhood playground and park, or head out to explore Oceanside’s beaches, cafés, and downtown. With convenient access to the beach, golf courses, Camp Pendleton and commuter routes, this home puts work, weekends, and everyday essentials within reach. Schedule your showing today.

Mortgage Calculator

Est. Monthly Payment

$4,463

Principal & Interest$3,129
Property Tax$560
Insurance$163
HOA$610
%($112,000)
%
Loan Term

Location

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Investment Score

43B
Est. Monthly Rent
$3,203

9 leases of 2–4 bed condos & townhomes within 1 mi · $2,870–$3,077

Blended 50/50 with the zip's market median ($3,513)

Monthly Cashflow

Rent − PITIA

-$1,259
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,463

What would make this work?

$2,463/mo short at 20% down; 83% down or +$3,198/mo rent closes it.

Break-even price

57% under asking

$240,692
Break-even rent

$3,198/mo above the estimate

$6,401/mo
Cashflow at 35% down
−$1,876/mo
Down payment to break even

$464,800 cash

83%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,129
Cap Rate
1.77%
Cash-on-Cash
-26.39%
DSCR

Need ≥ 1.25 for DSCR loan

0.72

NOI (Annual)
$9,922
Price-to-Rent

Lower = better for investors

14.6

* 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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BCashflow−$2,463/mo