11397 Polaris Drive

11397 Polaris Drive

D

San Diego, CA 92126

$975,000
NEW — 3d on market

Beds

2

Baths

2

Sqft

1,008

Year Built

1978

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2602453

Description

Welcome to 11397 Polaris Dr, a beautifully maintained single-family home in the heart of Mira Mesa (92126), offering comfort, privacy, and convenience. This 2-bedroom, 2-bathroom home is located in a quiet neighborhood and features a brand-new roof, new AC, and a new water heater, making it truly move-in ready. The updated landscaping creates a private, relaxing front yard—perfect for morning coffee —and a low-maintenance backyard ideal for easy living. Inside, enjoy a functional and inviting layout with an in-home laundry room, thoughtfully positioned for everyday convenience. The spacious two-car garage provides ample storage and parking, while the home’s efficient floor plan offers comfortable living spaces that feel both open and practical. Ideally situated with quick access to the 5 freeway, and just minutes from shopping, restaurants, and movie theaters, this home offers the best of convenience. Plus, with no HOA and no Mello-Roos, you’ll enjoy added flexibility and savings. Don’t miss this opportunity to own a move-in-ready home with major upgrades already completed.

Mortgage Calculator

Est. Monthly Payment

$6,190

Principal & Interest$4,930
Property Tax$975
Insurance$284
%($195,000)
%

Investment Score

3D
Est. Monthly Rent
$3,918
Monthly Cashflow

Rent − PITIA

$-2,271
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,985

Mortgage (P+I)
$4,930
Cap Rate
1.16%
Cash-on-Cash
-24.52%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$9,093

NOI (Annual)
$11,344
Price-to-Rent

Lower = better for investors

20.7

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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