12675 Elizabeth Way

12675 Elizabeth Way

Ctop 80%

Rancho Peñasquitos, CA 92129

$869,000

Pass at asking: -$4,470/mo full cashflow at 20% down, 7.43% rate.

Works at $286,868 (67% under asking), or at 95% down.

Rent $3,380/mo from 18 leases of 1–3 bed houses within 2 mi ($3,551–$3,950).

Beds

2

Baths

2

Sqft

1,199

Year Built

2025

Days on Market

12

Property Type

Single Family

HOA/mo

$399

MLS ID

260025861SD

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

About This Property

Experience elevated resort style living in this beautifully upgraded, turnkey residence within Junipers, one of San Diego's premier gated 55+ communities. Offering an exceptional combination of modern design, thoughtful upgrades, and effortless single level living, this meticulously appointed home features fully paid solar panels with battery storage, a private EV charger, Hunter Douglas window treatments throughout, and a generously sized, professionally landscaped backyard. Further enhancing its appeal, Junipers offers a low property tax rate with no Mello-Roos assessments, an exceptional advantage for homeowners. With these substantial improvements already completed, residents can enjoy the benefits of newer construction without the additional expense or inconvenience of post purchase upgrades. The thoughtfully designed open floor plan is enhanced by soaring ceilings, expansive windows, and an abundance of natural light. A spacious great room seamlessly connects the living and dining areas to a beautifully appointed kitchen featuring quartz countertops, contemporary backsplash, and sleek thermofoil cabinetry. Sliding glass doors extend the living space outdoors to the beautifully landscaped backyard, creating an inviting setting for al fresco dining, entertaining, and year round enjoyment of San Diego's idyllic climate. The split bedroom floor plan offers exceptional privacy, with the primary suite featuring direct outdoor access and a spa inspired double vanity bathroom. Positioned on the opposite side of the residence, the spacious secondary bedroom provides a private and comfortable retreat for guests. A dedicated laundry room and attached garage further complement the home's functional and well conceived design. Residents of Junipers enjoy an exceptional collection of resort inspired amenities, including a sparkling pool and spa, fitness center, pickleball courts, a community park, dedicated dog park, abundant walking trails, and beautifully maintained grassy areas for pets. Ideally situated near some of San Diego's most scenic hiking trails, premier golf courses, acclaimed dining destinations, and vibrant shopping districts, Junipers offers convenient access to an abundance of outdoor recreation, entertainment, and leisure activities. Combining the appeal of newer construction with extensive upgrades, low maintenance living, and an exceptional community lifestyle, this beautifully appointed residence presents a compelling opportunity to enjoy the very best of San Diego living.

Mortgage Calculator

Est. Monthly Payment

$6,349

Principal & Interest$4,828
Property Tax$869
Insurance$253
HOA$399
%($173,800)
%
Loan Term

Location

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Investment Score

13C
Est. Monthly Rent
$3,380

18 leases of 1–3 bed houses within 2 mi · $3,551–$3,950

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

Monthly Cashflow

Rent − PITIA

-$2,969
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,470

What would make this work?

$4,470/mo short at 20% down; 95% down or +$5,805/mo rent closes it.

Break-even price

67% under asking

$286,868
Break-even rent

$5,805/mo above the estimate

$9,185/mo
Cashflow at 35% down
−$3,565/mo
Down payment to break even

$825,550 cash

95%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,828
Cap Rate
0.73%
Cash-on-Cash
-30.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.53

NOI (Annual)
$6,317
Price-to-Rent

Lower = better for investors

21.4

* 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−$4,470/mo