4362 Dowitcher Way
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4362 Dowitcher Way

Btop 30%

Oceanside, CA 92057Neighborhood: San Luis Rey

$539,000
STR closed · inland Oceanside

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$2,301/mo full cashflow at 20% down, 7.36% rate.

Works at $237,899 (56% under asking), or at 82% down.

Rent $2,997/mo from 9 leases of 2-bed houses within 2 mi ($2,813–$3,332).

Beds

2

Baths

2

Sqft

1,056

Year Built

1984

Days on Market

105

Property Type

Single Family

HOA/mo

$490

MLS ID

NDP2607167

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

Virtual Tour

About This Property

Highly desirable and rarely available VIEW HOME in the resort style 55+ community of Oceana Mission IV. Imagine sitting in your Living Room and looking out through your large picture window to the northeast with picture-perfect views of the mountains, city lights & beautiful sky. The green lawn and surrounding foliage give a tranquil feel. This home has been updated with newer windows, freshly painted walls & laminate flooring. The Living Room is spacious with plenty of room for all of your furniture & conveniently located across from the Dining Room & Kitchen. The Kitchen has been upgraded with tile floors, granite looking counters with custom tile backsplash, freshly painted white cabinets with new designer hardware, new faucet & stainless appliances. There is plenty of storage including a tall pantry in the Kitchen as well as a long lower cabinet in the Dining Room which can also function as an additional Buffet. The hallway Bathroom & Primary Bathroom both have tile flooring, freshly painted white cabinets with designer hardware, new mirrors & faucets. The Primary Bathroom is much larger with a long counter, step in shower & 2 floor to ceiling cabinets that are perfect for storing toiletries and additional towels. The hallway Bathroom has a tub/shower combo perfect for relaxing. Both Bedrooms have oversized closets with built in shelving & ceiling fans. There is A/C but to help make things energy efficient, there are ceiling fans in the Living Room, both Bedrooms & Patio. The Patio is located where the covered carport would be & just waiting for you to create your own lounge area. The custom tile flooring, ceiling fan & new exterior lighting will help get your design started. There is a one car garage with multiple shelves for storage & this is also the location of your washer & dryer hook ups. The resort-like community- has a pool, spa, clubhouse, BBQ area and lots of community activities to keep you busy. Located close to shopping, freeway access & just minutes to the beach. Better Hurry….This home is a MUST SEE!!

Mortgage Calculator

Est. Monthly Payment

$4,160

Principal & Interest$2,974
Property Tax$539
Insurance$157
HOA$490
%($107,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Ivey Ranch 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.

Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules

Investment Score

45B
Est. Monthly Rent
$2,997

9 leases of 2-bed houses within 2 mi · $2,813–$3,332

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,163
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,301

What would make this work?

$2,301/mo short at 20% down; 82% down or +$2,989/mo rent closes it.

Break-even price

56% under asking

$237,899
Break-even rent

$2,989/mo above the estimate

$5,986/mo
Cashflow at 35% down
−$1,744/mo
Down payment to break even

$441,980 cash

82%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,974
Cap Rate
1.83%
Cash-on-Cash
-25.62%
DSCR

Need ≥ 1.25 for DSCR loan

0.72

NOI (Annual)
$9,868
Price-to-Rent

Lower = better for investors

15.0

* 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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BCashflow−$2,301/mo