703 Chimney Rock Dr

703 Chimney Rock Dr

Ctop 80%

Oceanside, CA 92058

$839,900
NEW — 0d

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.

Mortgage Calculator

Est. Monthly Payment

$5,751

Principal & Interest$4,666
Property Tax$840
Insurance$245
%($167,980)
%
Loan Term

Location

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Investment Score

31C
Est. Monthly Rent
$3,678

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)

Monthly Cashflow

Rent − PITIA

-$2,073
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,619

What would make this work?

$3,619/mo short at 20% down; 83% down or +$4,700/mo rent closes it.

Break-even price

56% under asking

$368,677
Break-even rent

$4,700/mo above the estimate

$8,378/mo
Cashflow at 35% down
−$2,744/mo
Down payment to break even

$697,117 cash

83%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,666
Cap Rate
1.76%
Cash-on-Cash
-25.85%
DSCR

Need ≥ 1.25 for DSCR loan

0.64

NOI (Annual)
$14,774
Price-to-Rent

Lower = better for investors

19.0

* 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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CCashflow−$3,619/mo