4432 Skimmer Way
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4432 Skimmer Way

Btop 30%

Oceanside, CA 92057Neighborhood: San Luis Rey

$579,000
NEW — 0d
STR closed · inland Oceanside

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 5, 2026.

Pass at asking: -$2,635/mo full cashflow at 20% down, 7.49% rate.

Works at $237,386 (59% under asking), or at 86% down.

Rent $3,014/mo from 11 leases of 1–3 bed condos & townhomes within 1 mi ($2,839–$3,227).

Beds

2

Baths

2

Sqft

1,092

Year Built

1979

Days on Market

0

Property Type

Condo

HOA/mo

$490

MLS ID

260026272SD

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

About This Property

Come see the best of the best!!! Welcome to this beautifully remodeled 2-bedroom, 2-bath home located in a highly sought-after 55+ Oceana community. Completely renovated from top to bottom, this move-in-ready residence offers the perfect combination of comfort, style, and breathtaking scenery. Inside, you'll find a stunning remodeled kitchen and beautifully updated bathrooms, along with luxury vinyl flooring, upgraded baseboards, crown molding, recessed lighting, and elegant new window treatments. The inviting living area features a stylish electric fireplace that adds warmth and charm. Additional upgrades include dual-pane windows, a new roof, a new water heater, and completely updated plumbing throughout the home, providing peace of mind for years to come. A one-car garage offers additional storage and convenience. A private courtyard that could also be a carport is great for outdoor privacy. This exceptional property truly has it all—modern upgrades, incredible views, and an unbeatable location. Don't miss this rare opportunity to own a completely turnkey home that's ready for you to move in and enjoy. Community pool and center is located around corner at 911 Royal Tern Way

Mortgage Calculator

Est. Monthly Payment

$4,473

Principal & Interest$3,236
Property Tax$579
Insurance$169
HOA$490
%($115,800)
%
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

39B
Est. Monthly Rent
$3,014

11 leases of 1–3 bed condos & townhomes within 1 mi · $2,839–$3,227

Blended 50/50 with the zip's market median ($2,940)

Monthly Cashflow

Rent − PITIA

-$1,460
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,635

What would make this work?

$2,635/mo short at 20% down; 86% down or +$3,422/mo rent closes it.

Break-even price

59% under asking

$237,386
Break-even rent

$3,422/mo above the estimate

$6,436/mo
Cashflow at 35% down
−$2,029/mo
Down payment to break even

$497,940 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,236
Cap Rate
1.56%
Cash-on-Cash
-27.31%
DSCR

Need ≥ 1.25 for DSCR loan

0.67

NOI (Annual)
$9,012
Price-to-Rent

Lower = better for investors

16.0

* 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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BCashflow−$2,635/mo