11397 Polaris Drive
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11397 Polaris Drive

D

San Diego, CA 92126

$899,000
NEW — 1d

Beds

2

Baths

2

Sqft

1,008

Year Built

1978

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2603634

This property is in San Diego (92126). View neighborhood stats →

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About This Property

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

$5,707

Principal & Interest$4,546
Property Tax$899
Insurance$262
%($179,800)
%

Location

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Investment Score

14D
Est. Monthly Rent
$3,015
Monthly Cashflow

Rent − PITIA

$-2,692
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,134

Mortgage (P+I)
$4,546
Cap Rate
0.55%
Cash-on-Cash
-27.59%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$8,384

NOI (Annual)
$4,937
Price-to-Rent

Lower = better for investors

24.8

* 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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