1222 River Glen Row #69
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1222 River Glen Row #69

Ctop 80%

San Diego, CA 92111

$729,000
NEW — 0d
STR: check · no permits in this complex · TOT 12.75%

18 licensed short-term rentals within ½ mile (8 whole home), from the cities' license and permit lists of Nov 6, 2026.

No unit in this 64-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$3,746/mo full cashflow at 20% down, 7.43% rate.

Works at $241,342 (67% under asking), or at 95% down.

Rent $2,886/mo from 15 leases of 1–3 bed condos & townhomes within 0.5 mi ($2,901–$3,651).

Beds

2

Baths

2

Sqft

1,092

Year Built

1980

Days on Market

0

Property Type

Townhouse

HOA/mo

$369

MLS ID

260026387SD

This property is in San Diego (92111). Browse neighborhood analytics →

About This Property

Welcome to North Rim, one of Linda Vista’s most sought-after communities, minutes from Fashion Valley, Mission Valley, USD, and quick access to I-8 and the 163. This 2-bedroom, 2-bath townhome offers 1,092 sq ft over three levels, with central A/C and heat, LED recessed lighting on dimmers, vinyl flooring, and an updated kitchen with quartz countertops. The primary suite features barn-door closets, and four private outdoor patios give you room to relax, grill, or garden. A large 2-car attached garage with direct access and extra storage makes everyday living easy. North Rim residents enjoy a community pool and spa, sauna, tennis and pickleball courts, and a clubhouse, with HOA dues covering water, sewer, and trash. A move-in-ready home in a central location at a fresh new price!

Mortgage Calculator

Est. Monthly Payment

$5,361

Principal & Interest$4,050
Property Tax$729
Insurance$213
HOA$369
%($145,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Carson Elementary · grades PK-5 · San Diego Unified

  • Middle

    Montgomery Middle · grades 6-8 · San Diego Unified

  • High

    Kearny Digital Media & Design · grades 9-12 · San Diego Unified

    or Kearny School of Biomedical Science and Technology · grades 9-12 · San Diego Unified

    or Kearny College Connections · grades 9-12 · San Diego Unified

    or Kearny Eng Innov & Design · grades 9-12 · San Diego Unified

    Choice area: the district lets families here pick either school.

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

20C
Est. Monthly Rent
$2,886

15 leases of 1–3 bed condos & townhomes within 0.5 mi · $2,901–$3,651

Blended 50/50 with the zip's market median ($2,519)

Monthly Cashflow

Rent − PITIA

-$2,475
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,746

What would make this work?

$3,746/mo short at 20% down; 95% down or +$4,865/mo rent closes it.

Break-even price

67% under asking

$241,342
Break-even rent

$4,865/mo above the estimate

$7,751/mo
Cashflow at 35% down
−$2,987/mo
Down payment to break even

$692,550 cash

95%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,050
Cap Rate
0.74%
Cash-on-Cash
-30.83%
DSCR

Need ≥ 1.25 for DSCR loan

0.54

NOI (Annual)
$5,376
Price-to-Rent

Lower = better for investors

21.0

* 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−$3,746/mo