
5244 Weymouth Way
Ctop 80%Oceanside, CA 92057Neighborhood: North Valley
Pass at asking: -$3,583/mo full cashflow at 20% down, 7.36% rate.
Works at $180,095 (72% under asking); even all cash loses money at asking.
Rent $2,340/mo: zip market median for this bed count.
Beds
2
Baths
2.5
Sqft
2,250
Year Built
1988
Days on Market
98
Property Type
Manufactured
HOA/mo
$425
MLS ID
NDP2607296
This property is in Oceanside (92057). Browse neighborhood analytics →
About This Property
Welcome to Pilgrim Creek Estates, one of Oceanside's most desirable 55+ communities, where you own the land—no land lease! Ideally situated with expansive meadow and mountain views and no neighbors directly behind, this spacious 2-bedroom, 2.5-bath home offers approximately 2,250 square feet of living space, including a large bonus room that provides exceptional flexibility for a home office, hobby room, or second living area. The home also features an extra spacious living room with a stunning floor-to-ceiling fireplace, creating a warm and inviting gathering space. The open and bright floor plan features vaulted ceilings, bamboo hardwood flooring in the main living areas, built-in shelving, a formal dining area, and a kitchen with granite countertops that opens to the dining and living spaces, creating a comfortable flow for everyday living and entertaining. Granite surfaces are also found in the primary bathroom and laundry room. The home offers two spacious primary suites, each with its own private bathroom, plus a convenient half bath for guests. One primary suite includes a walk-in closet and a cozy freestanding fireplace. Recent updates include ceiling fans and light fixtures throughout most of the home, a remodeled secondary bathroom with a new vanity and toilet, an updated walk-in shower in the primary bathroom, and newer washer, refrigerator, and microwave. The separate laundry room offers abundant storage, while the attached garage includes built-in storage shelving. The backyard offers multiple spaces to relax and entertain, featuring peaceful meadow and mountain views, a mature lemon tree, and no homes directly behind. Low HOA dues of only $450 per month include water, sewer, and trash, and residents enjoy outstanding amenities including a heated pool and spa, clubhouse with a full kitchen, fitness center, library, billiards room, and the rare benefit of free RV parking. Combining spacious living, beautiful views, low HOA fees, land ownership, and an unbeatable community, this home offers an exceptional opportunity to enjoy one of North County's most sought-after 55+ neighborhoods.
Mortgage Calculator
Est. Monthly Payment
$4,844
Location
Loading map...
Zoned Schools
Elementary
Del Rio 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.
Comparable Properties
5 comps foundThis Property
$2,340
Comp Average
$3,314
4616 River Road
3bd / 2ba · 2,040 sqft · Mfd/Mobile Home
$390K
Est. $2,813/mo
243 Bluebird Lane
3bd / 2ba · 1,608 sqft · Manufactured
$495K
Est. $2,813/mo
1510 Surrey Court
3bd / 2ba · 1,941 sqft · Single Family
$950K
Est. $4,107/mo
1486 Puritan
2bd / 2ba · 1,936 sqft · Manufactured
$585K
Est. $2,340/mo
332 Monte
3bd / 2.5ba · 2,291 sqft · Single Family
$998K
Est. $4,499/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,583/mo short at 20% down; +$4,653/mo rent closes it.
- Break-even price
- $180,095
- Break-even rent
- $6,993/mo
- Cashflow at 35% down
- −$2,911/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
72% under asking
$4,653/mo above the estimate
Negative even all-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.
Open Full Calculator