4593 Mardi Gras
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4593 Mardi Gras

Btop 30%

Oceanside, CA 92057Neighborhood: North Valley

$870,000
STR closed · inland Oceanside

2 licensed short-term rentals within ½ mile (2 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$3,337/mo full cashflow at 20% down, 7.36% rate.

Works at $433,405 (50% under asking), or at 76% down.

Rent $4,301/mo from 9 leases of 3–5 bed houses within 1 mi ($3,699–$3,995).

Beds

4

Baths

2.5

Sqft

1,666

Year Built

1980

Days on Market

73

Property Type

Single Family

HOA/mo

N/A

MLS ID

SW26190922

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

About This Property

PAID-OFF SOLAR! Welcome to 4593 Mardi Gras St, a beautifully maintained 4-bedroom, 2.5-bathroom home in Oceanside offering comfortable living, thoughtful updates, and an ideal location near Camp Pendleton. The inviting floor plan offers approximately 1,666 square feet of living space with a functional layout designed for everyday living and entertaining. The home features paid-off solar, helping provide energy efficiency without a monthly solar loan payment, along with dual-pane windows and an updated interior. The spacious living areas provide plenty of room for family and guests, while the four bedrooms offer flexibility for family, guests, a home office, or additional living space. Outside, enjoy a spacious backyard with room to relax, entertain, and create your own outdoor retreat. The property also offers a 2-car garage and driveway parking. Conveniently located in Oceanside with easy access to Camp Pendleton, shopping, dining, parks, schools, major transportation routes, and the beautiful Southern California coastline. Paid-Off Solar | 4 Bedrooms | 2.5 Bathrooms | Approx. 1,666 Sq. Ft. | Approx. 6,042 Sq. Ft. Lot | Dual-Pane Windows | Updated Interior | Spacious Backyard | 2-Car Garage

Mortgage Calculator

Est. Monthly Payment

$5,924

Principal & Interest$4,800
Property Tax$870
Insurance$254
%($174,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Libby 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

41B
Est. Monthly Rent
$4,301

9 leases of 3–5 bed houses within 1 mi · $3,699–$3,995

Blended 50/50 with the zip's market median ($4,709)

Monthly Cashflow

Rent − PITIA

-$1,623
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,337

What would make this work?

$3,337/mo short at 20% down; 76% down or +$4,334/mo rent closes it.

Break-even price

50% under asking

$433,405
Break-even rent

$4,334/mo above the estimate

$8,635/mo
Cashflow at 35% down
−$2,437/mo
Down payment to break even

$661,200 cash

76%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,800
Cap Rate
2.31%
Cash-on-Cash
-23.02%
DSCR

Need ≥ 1.25 for DSCR loan

0.73

NOI (Annual)
$20,134
Price-to-Rent

Lower = better for investors

16.9

* 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−$3,337/mo