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Cap Rate Analysis: Oceanside, CA

Investment metrics, interactive calculators, and data-driven analysis for Oceanside rental properties.

Challenging for pure cash flow
Based on $680,000 median price and $2,350/mo median rent
Est. Cap Rate
2.43%
1% Rule
0.35%
Fails
GRM
24.1x
Price / Income
10.0x

Market Data

Median Home Price$680,000
Median Monthly Rent$2,350
Property Tax Rate0.74%
Population179,000
Population Growth0.8% / yr
Median Household Income$68,200
Vacancy Rate4.2%
Annual Appreciation3.2%

Cap Rate Calculator — Oceanside

Pre-filled with Oceanside medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
0.74% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
2.09%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$14,188
net operating income
Gross Rent Multiplier
24.1x
High (>15)
1% Rule
0.35%
✗ Fails
Monthly Cash Flow
$1,182
before debt service
Annual Breakdown
Gross Rental Income$28,200
Less Vacancy−$1,184
Effective Income$27,016
Less Operating Expenses−$12,828
Net Operating Income$14,188

Cash-on-Cash Return — Oceanside

Factor in financing to see your actual return on invested capital in Oceanside.

$
$170,000
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-12.36%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$190,400
$170,000 down + $20,400 closing
Monthly Mortgage
$3,325
on $510K loan
Monthly Cash Flow
$-1,962
after all expenses
Annual Cash Flow
$-23,542
before taxes
Cash Flow Breakdown
Monthly Rent$2,350
Less Expenses−$987
Less Mortgage−$3,325
Monthly Cash Flow$-1,962

Is Oceanside a Good Place to Invest in Rental Property?

Oceanside, CA has a population of 179,000 and has been growing at 0.8% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $680,000 paired with median rents of $2,350/mo produces an estimated cap rate of 2.43%.

Property taxes at 0.74% are well below the national average of ~1.1%, providing a meaningful cash flow advantage many investors overlook. The vacancy rate of 4.2% is impressively low, indicating tight rental supply and strong tenant demand — favorable for landlords.

At a price-to-income ratio of 10.0x, homes cost about 10.0 times the local median income of $68,200. This elevated ratio means homeownership is stretched, supporting rental demand but limiting buyer pools. Home values have appreciated at roughly 3.2% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: At current median prices, Oceanside is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.

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