
5611 Spanish Horse
Ctop 80%Oceanside, CA 92057Neighborhood: Guajome
3 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$5,382/mo full cashflow at 20% down, 7.36% rate.
Works at $545,874 (56% under asking), or at 83% down.
Rent $5,624/mo from 26 leases of 4–6 bed houses within 2 mi ($5,081–$5,912).
Beds
5
Baths
3
Sqft
3,169
Year Built
2013
Days on Market
122
Property Type
Single Family
HOA/mo
$159
MLS ID
NDP2606677
This property is in Oceanside (92057). Browse neighborhood analytics →
About This Property
**5 BEDROOMS • DOWNSTAIRS BED + FULL BATH • PAID SOLAR • 3-CAR GARAGE • 10,000+ SQ FT LOT ** ***SELLER 1-0 INTEREST RATE BUY DOWN AVAILABLE*** This beautiful home offers an exceptional combination of space, flexibility and Southern California living. Step inside to a light-filled floor plan with soaring ceilings and spacious living areas designed for everyday living and entertaining. At the heart of the home, the expansive kitchen features abundant cabinetry, generous counter space and an easy flow into the dining and family room—creating a natural gathering place for family and friends. A **full bedroom and bathroom on the main level** provides valuable flexibility for guests, multigenerational living or a private home office. Step outside to the **private, south-facing backyard**, where mature landscaping, fruit trees, a gazebo, firepit and multiple seating areas create an inviting setting for weekend barbecues, evenings with friends or simply relaxing outdoors. The **10,000+ sq. ft. lot** offers plenty of room to gather, play and enjoy the Southern California lifestyle year-round. Upstairs, generously sized bedrooms are joined by a **large, versatile loft** that can serve as a second family room, media room, playroom or potential sixth bedroom. The spacious primary suite provides a peaceful retreat at the end of the day. Additional highlights include **fully paid solar, upstairs laundry, abundant storage and a 3-car garage with Tesla charger**. Ideally located near **Mission Vista High School**, scenic hiking and biking trails, parks, shopping and dining, with the Oceanside coast just a short drive away.
Mortgage Calculator
Est. Monthly Payment
$8,670
Location
Loading map...
Zoned Schools
Elementary
Mission Meadows Elementary · grades K-5 · Vista Unified
Middle
Roosevelt Middle · grades 6-8 · Vista Unified
High
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
$5,624
Comp Average
$5,395
1268 Bellingham Drive
4bd / 4.5ba · 3,203 sqft · Single Family
$1.15M
Est. $5,472/mo
435 Lexington Circle
5bd / 3ba · 3,277 sqft · Single Family
$1.31M
Est. $6,083/mo
1243 Bellingham Drive
5bd / 3ba · 2,971 sqft · Single Family
$1.13M
Est. $5,167/mo
5276 Willow Walk
5bd / 4ba · 3,300 sqft · Single Family
$1.23M
Est. $5,206/mo
5567 Dora Way
4bd / 3.5ba · 3,209 sqft · Single Family
$1.25M
Est. $5,048/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
26 leases of 4–6 bed houses within 2 mi · $5,081–$5,912
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,382/mo short at 20% down; 83% down or +$6,989/mo rent closes it.
- Break-even price
- $545,874
- Break-even rent
- $12,613/mo
- Cashflow at 35% down
- −$4,089/mo
- Down payment to break even
- 83%
- Rate to break even
- Not reachable
56% under asking
$6,989/mo above the estimate
$1,037,500 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.
Open Full Calculator