5612 Old Ranch Road

5612 Old Ranch Road

Ctop 80%

Oceanside, CA 92057

$825,000

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.

Mortgage Calculator

Est. Monthly Payment

$5,690

Principal & Interest$4,610
Property Tax$825
Insurance$241
HOA$14
%($165,000)
%
Loan Term

Location

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Investment Score

35C
Est. Monthly Rent
$3,784

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)

Monthly Cashflow

Rent − PITIA

-$1,906
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,464

What would make this work?

$3,464/mo short at 20% down; 81% down or +$4,499/mo rent closes it.

Break-even price

54% under asking

$375,888
Break-even rent

$4,499/mo above the estimate

$8,283/mo
Cashflow at 35% down
−$2,600/mo
Down payment to break even

$668,250 cash

81%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,610
Cap Rate
1.94%
Cash-on-Cash
-25.19%
DSCR

Need ≥ 1.25 for DSCR loan

0.66

NOI (Annual)
$16,025
Price-to-Rent

Lower = better for investors

18.2

* 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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CCashflow−$3,464/mo