703 Chimney Rock Dr
Ctop 80%Oceanside, CA 92058
Pass at asking: -$3,619/mo full cashflow at 20% down, 7.43% rate.
Works at $368,677 (56% under asking), or at 83% down.
Rent $3,678/mo from 12 leases of 2–4 bed houses within 2 mi ($3,327–$3,757).
Beds
3
Baths
2
Sqft
1,252
Year Built
1987
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026607SD
This property is in Oceanside (92058). Browse neighborhood analytics →
About This Property
Effortless coastal living meets modern design in this turnkey, fully renovated single-story retreat tucked away in Oceanside's quiet Mar Lado neighborhood. From the moment you arrive, the refreshed facade and low-maintenance front landscape set a polished, welcoming tone. Step inside to discover a bright, expansive open-concept layout defined by durable new flooring, crisp neutral paint, and abundant recessed lighting that creates an inviting, airy flow. The heart of the home is a chef-inspired kitchen boasting sleek quartz countertops, contemporary shaker cabinetry, modern stainless appliances, and a seamless connection to the dining and living spaces. Anchor your evenings around the focal-point living room fireplace, or slide open the glass doors to extend your entertaining outdoors. The private backyard features a concrete patio pad and a fresh, open lawn bordered by privacy fencing, delivering the ideal private canvas for weekend barbecues, play, or relaxing under the coastal sky. The primary suite offers a peaceful sanctuary with an updated en-suite bathroom, complemented by well-proportioned secondary bedrooms and a beautifully appointed hall bath. A spacious attached two-car garage provides exceptional utility and laundry space. Enjoy everyday freedom with no HOA or Mello-Roos fees, all just moments from local parks, shopping, dining, Camp Pendleton, and the sand. This is coastal California living refined to perfection.
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Est. Monthly Payment
$5,751
Location
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Comparable Properties
5 comps foundThis Property
$3,678
Comp Average
$3,747

117 Playa Del Rey
3bd / 2ba · 1,510 sqft · Single Family
$750K
Est. $3,861/mo
4422 Arbor Cove Circle
3bd / 2ba · 1,318 sqft · Single Family
$799K
Est. $3,651/mo
4436 Point Vicente
3bd / 2ba · 1,260 sqft · Single Family
$829K
Est. $3,619/mo
3428 Spindrift Court
3bd / 2ba · 1,476 sqft · Single Family
$899K
Est. $3,824/mo
1420 San Simeon Street
4bd / 3ba · 1,190 sqft · Single Family
$1.10M
Est. $3,782/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 2–4 bed houses within 2 mi · $3,327–$3,757
Blended 50/50 with the zip's market median ($3,935)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,619/mo short at 20% down; 83% down or +$4,700/mo rent closes it.
- Break-even price
- $368,677
- Break-even rent
- $8,378/mo
- Cashflow at 35% down
- −$2,744/mo
- Down payment to break even
- 83%
- Rate to break even
- Not reachable
56% under asking
$4,700/mo above the estimate
$697,117 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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