
4932 Colusa Drive
Ctop 80%Oceanside, CA 92056Neighborhood: Ocean Hills
1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$4,562/mo full cashflow at 20% down, 7.36% rate.
Works at $478,172 (56% under asking), or at 82% down.
Rent $4,979/mo from 9 leases of 4-bed houses within 2 mi ($5,213–$5,477).
Beds
4
Baths
2.5
Sqft
2,680
Year Built
1990
Days on Market
0
Property Type
Single Family
HOA/mo
$180
MLS ID
NDP2610176
This property is in Oceanside (92056). View neighborhood stats →
About This Property
EXCEPTIONAL VALUE! YOUR OPPORTUNITY TO CREATE SOMETHING SPECIAL IN ONE OF OCEANSIDE'S DESIRABLE GATED COMMUNITIES! Why pay a premium for someone else's upgrades when you can create your dream home exactly the way YOU want it? This spacious home is attractively priced to stand out from the competition and presents an outstanding opportunity for buyers who recognize value and potential. Here's what makes this home different: Rather than spending money on inexpensive, builder-grade renovations that may not suit the next owner's taste, the seller has made a thoughtful decision: complete several important improvements, price the property competitively, and leave the fun part—choosing the finishes—to YOU! This home has lots of natural light, high ceilings and a terrific floor plan; it has benefited from numerous recent improvements, including fresh interior paint, new carpeting, new garage door openers, a newly constructed retaining wall, and plumbing updates, new toilets, including new valves and angle stops throughout. The house is ready for your personal touch. Imagine designing your ideal kitchen, selecting beautiful countertops and cabinetry. EVEN BETTER! The seller has taken much of the guesswork out of planning future improvements by obtaining estimates from trusted contractors for a variety of upgrades, including new windows, air conditioning, flooring, and more. Prefer luxury vinyl plank flooring? Tile? Choose what works best for your vision and budget! Quiet gated community, generous living space, and access to highly regarded schools. THE BOTTOM LINE: A spacious home with meaningful recent improvements, attractive pricing compared to renovated alternatives, and the freedom to make it your own.
Mortgage Calculator
Est. Monthly Payment
$7,500
Location
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Zoned Schools
Elementary
Lake Elementary · grades K-5 · Vista Unified
Middle
Madison Middle · grades 6-8 · Vista Unified
High
Rancho Buena Vista High · grades 9-12 · Vista 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
$4,979
Comp Average
$5,095
3806 Stanford Drive
4bd / 2.5ba · 2,441 sqft · Single Family
$1.07M
Est. $4,909/mo
5232 Dixon
4bd / 3ba · 2,186 sqft · Single Family
$1.10M
Est. $4,768/mo
3883 Cornell Dr
5bd / 3ba · 2,718 sqft · Single Family
$1.35M
Est. $5,323/mo
5048 Viewridge Way
4bd / 3ba · 2,251 sqft · Single Family
$1.27M
Est. $4,929/mo
4968 Poseidon
3bd / 3.5ba · 2,808 sqft · Single Family
$1.45M
Est. $5,546/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
9 leases of 4-bed houses within 2 mi · $5,213–$5,477
Blended 50/50 with the zip's market median ($4,573)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,562/mo short at 20% down; 82% down or +$5,925/mo rent closes it.
- Break-even price
- $478,172
- Break-even rent
- $10,904/mo
- Cashflow at 35% down
- −$3,450/mo
- Down payment to break even
- 82%
- Rate to break even
- Not reachable
56% under asking
$5,925/mo above the estimate
$881,500 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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