12421 Miranda Way

Ctop 80%

Rancho Peñasquitos, CA 92129

$899,900

Pass at asking: -$4,628/mo full cashflow at 20% down, 7.43% rate.

Works at $297,196 (67% under asking), or at 95% down.

Rent $3,483/mo from 15 leases of 1–3 bed houses in 92129 ($3,740–$4,054).

Beds

Baths

Sqft

1,200

Year Built

2026

Days on Market

Property Type

Single Family

HOA/mo

$399

MLS ID

260024592SD

This property is in Rancho Peñasquitos (92129). View neighborhood stats →

About This Property

Prime location close to local shopping, dining, and convenient freeway access * Resort-style recreation center featuring a pool, spa, pickleball courts, parks, and scenic walking trails * Modern kitchen with quartz countertops * Open-concept floor plan with vaulted ceilings for a bright, spacious feel * Beautiful Upgraded flooring throughout * Two-car, side-by-side garage Junipers is a gated masterplan community in San Diego, CA for active adults aged 55 and better, offering three collections of paired and single-family homes. Planned resort-style amenities at the Recreation Center will include a swimming pool, spa, fitness room, pickleball, & more!

Mortgage Calculator

Est. Monthly Payment

$6,561

Principal & Interest$4,999

Property Tax$900

Insurance$262

HOA$399

Down Payment

%($179,980)

Interest Rate

Loan Term

Comparable Properties

4 comps found

This Property

$3,483

Comp Average

$4,315

12675 Elizabeth Way

2bd / 2ba · 1,199 sqft · Single Family

$869K

Est. $3,482/mo

8755 Park Run Road

3bd / 2.5ba · 1,655 sqft · Single Family

$1.18M

Est. $4,648/mo

12738 Calle De Las Rosas

3bd / 2.5ba · 1,683 sqft · Single Family

$1.33M

Est. $4,615/mo

8994 Stimson Ct

3bd / 2ba · 1,649 sqft · Single Family

$1.40M

Est. $4,513/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

11C

Est. Monthly Rent

$3,483

15 leases of 1–3 bed houses in 92129 · $3,740–$4,054

Blended 50/50 with the zip's market median ($3,005)

Monthly Cashflow

Rent − PITIA

-$3,077

Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,628

What would make this work?

$4,628/mo short at 20% down; 95% down or +$6,011/mo rent closes it.

Break-even price: $297,196
Break-even rent: $9,494/mo
Cashflow at 35% down: −$3,691/mo
Down payment to break even: 95%
Rate to break even: Not reachable

Mortgage (P+I)

$4,999

Cap Rate

0.73%

Cash-on-Cash

-30.86%

DSCR

Need ≥ 1.25 for DSCR loan

0.53

NOI (Annual)

$6,543

Price-to-Rent

Lower = better for investors

21.5

* 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−$4,628/mo