
5612 Old Ranch Road
Ctop 80%Oceanside, CA 92057
Pass at asking: -$3,464/mo full cashflow at 20% down, 7.49% rate.
Works at $375,888 (54% under asking), or at 81% down.
Rent $3,784/mo from 22 leases of 2–4 bed houses within 2 mi ($3,476–$4,036).
Beds
3
Baths
2
Sqft
1,344
Year Built
1986
Days on Market
—
Property Type
Single Family
HOA/mo
$14
MLS ID
OC26233988
This property is in Oceanside (92057). Browse neighborhood analytics →
About This Property
Located at the end of a quiet cul-de-sac in Oceanside's Spring Creek neighborhood, this turnkey single-level home offers a combination of layout, location & low cost of ownership hard to come by in North County. Upon arrival, a long driveway with brick inlay leads to the 2-car garage with overhead storage & built-in cabinets, set behind an oversized, low-maintenance front yard. That extra frontage is rare for the tract & offers real options for the next owner: fence it in for a private courtyard, extend the driveway for additional off-street parking, or keep it simple. Inside, vaulted ceilings & new wood-look flooring unite the living & dining rooms into one generous gathering space, warmed by a white brick fireplace & opened to the backyard through a large slider. The kitchen anchors the center of the plan with a peninsula & bar seating & a window over the sink to the yard, all flowing into the dining area so the cook stays part of the conversation. Down the hallway, all three bedrooms sit on one convenient level. The spacious primary suite features a vaulted ceiling, ceiling fan, mirrored wardrobe & a dialed-in ensuite bath with dual sinks, framed mirrors, matte black fixtures & a glass-enclosed shower. Two guest bedrooms share a newly-updated full bath with a new tub & shower, new vanity & fixtures. Out back, a terraced yard with block retaining walls, a wide concrete patio, stepping-stone path, fire pit area & string lighting creates a private outdoor room for a quiet morning coffee or a full table on a Saturday night. Other values: central AC, ceiling fans throughout, new flooring, both bathrooms updated, refreshed landscaping front & back, low HOA & no Mello-Roos. Location is the quiet advantage here. Guajome Regional Park, with its lake, trails & hundreds of acres of open space, is minutes away, & the San Luis Rey River Trail connects you by bike to the Oceanside Harbor & the beach without touching a freeway. Mission San Luis Rey, local hiking & Mission Marketplace shopping are close by, & Highway 76 puts you on I-5 or I-15 in minutes. Downtown Oceanside, with its revitalized pier district, new hotels, restaurants, breweries & Frontwave Arena at El Corazon, is a short drive. For those in pursuit of a single-level home on a true cul-de-sac with the work already done, this is a rare opportunity in one of North County's most accessible neighborhoods. Move in, settle in & start enjoying Oceanside.
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Est. Monthly Payment
$5,690
Location
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Comparable Properties
5 comps foundThis Property
$3,784
Comp Average
$3,747
4753 Calle Estrella
3bd / 2ba · 1,245 sqft · Single Family
$679K
Est. $3,692/mo
1683 Bronco
3bd / 2.5ba · 1,543 sqft · Single Family
$765K
Est. $3,966/mo
652 Irene Road
4bd / 2ba · 1,441 sqft · Single Family
$850K
Est. $3,823/mo
4025 Ivey Vista Way
3bd / 2.5ba · 1,438 sqft · Single Family
$850K
Est. $3,790/mo
722 Isidore Street
3bd / 2ba · 1,210 sqft · Single Family
$848K
Est. $3,466/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
22 leases of 2–4 bed houses within 2 mi · $3,476–$4,036
Blended 50/50 with the zip's market median ($3,882)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,464/mo short at 20% down; 81% down or +$4,499/mo rent closes it.
- Break-even price
- $375,888
- Break-even rent
- $8,283/mo
- Cashflow at 35% down
- −$2,600/mo
- Down payment to break even
- 81%
- Rate to break even
- Not reachable
54% under asking
$4,499/mo above the estimate
$668,250 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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