835 Summersong Court
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835 Summersong Court

Ctop 80%

Encinitas, CA 92024Neighborhood: New Encinitas

$1,349,999
STR: check · no permits on this tract · TOT 10%

1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 10, 2026.

None of the 236 homes on this home's recorded tract holds a short-term rental permit, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$6,189/mo full cashflow at 20% down, 7.43% rate.

Works at $544,134 (60% under asking), or at 87% down.

Rent $5,511/mo from 9 leases of 3-bed houses within 1 mi ($5,526–$5,903).

Beds

3

Baths

2.5

Sqft

1,745

Year Built

1986

Days on Market

44

Property Type

Single Family

HOA/mo

$64

MLS ID

PW26189165

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

NEW PRICE! EXCEPTIONAL OPPORTUNITY IN ENCINITAS! Now offered at $1,349,999. This beautifully updated 3-bedroom, 2.5 bath home in the desirable Summerhill community presents an outstanding opportunity to enjoy the coastal Encinitas lifestyle. The home is conveniently located near highly regarded Flora Vista Elementary School, Diegueno Middle School and La Costa Canyon High School. Tucked away on a quiet cul-de-sac and situated on one of the larger lots in the tract, this home offers 1,745 square feet of thoughtfully designed living space on a 4,356-square-foot lot, complemented by picturesque mountain and surrounding area views. Step inside to a light-filled interior where soaring vaulted ceilings create an impressive sense of space and openness. Recent enhancements include fresh interior paint, new wide-plank laminate flooring and new carpeting. The kitchen is beautifully appointed with granite countertops and generous workspace and storage, creating an inviting setting for both everyday living and entertaining. The bathrooms feature granite countertops, custom tile shower enclosures, and tasteful finishes. An open and comfortable floor plan flows effortlessly throughout the home, while the elevated setting and scenic views provide a peaceful backdrop for indoor-outdoor living.

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Est. Monthly Payment

$9,308

Principal & Interest$7,500
Property Tax$1,350
Insurance$394
HOA$64
%($270,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Flora Vista Elementary · grades K-6 · Encinitas Union Elementary

  • Middle

    Diegueno Middle · grades 7-8 · San Dieguito Union High

  • High

    La Costa Canyon High · grades 9-12 · San Dieguito Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

14C
Est. Monthly Rent
$5,511

9 leases of 3-bed houses within 1 mi · $5,526–$5,903

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$3,797
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,189

What would make this work?

$6,189/mo short at 20% down; 87% down or +$8,038/mo rent closes it.

Break-even price

60% under asking

$544,134
Break-even rent

$8,038/mo above the estimate

$13,549/mo
Cashflow at 35% down
−$4,783/mo
Down payment to break even

$1,174,499 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,500
Cap Rate
1.41%
Cash-on-Cash
-27.51%
DSCR

Need ≥ 1.25 for DSCR loan

0.59

NOI (Annual)
$19,032
Price-to-Rent

Lower = better for investors

20.4

* 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−$6,189/mo