13351 Silver Lake Dr
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13351 Silver Lake Dr

Ctop 80%

Poway, CA 92064

$889,900

Pass at asking: -$3,970/mo full cashflow at 20% down, 7.49% rate.

Works at $375,315 (58% under asking), or at 84% down.

Rent $3,759/mo from 16 leases of 4-bed houses within 2 mi ($3,491–$3,774).

Beds

4

Baths

2

Sqft

1,235

Year Built

1971

Days on Market

95

Property Type

Single Family

HOA/mo

N/A

MLS ID

260018539SD

This property is in Poway (92064). View neighborhood stats →

Virtual Tour

About This Property

RUN, don't walk to this FANTASTICALLY PRICED 4 Bedroom/2 Bath home that had a major overhaul in 2016 by the previous owner AND approximately $150,000 in further improvements by the current owner over the last few years. This home offers OVER 1,500sq.ft. of living space (1,235sf assessed + 300sf Bonus Room); an Eat-in Kitchen with “French Country”-inspired cabinetry with soft-close doors/drawers, complementary granite counters, decorative tile backsplash & stainless-steel appliances. Dual pane windows and Solar Panels (less than 3yrs old) help with energy efficiency. Recessed lighting & wood flooring in LR & Kitchen; Tile in both Bathrooms, LVP in Bedrooms. Indoor Laundry Room has space-saving stackable W/D; leaving room for extra storage. Bonus Sunroom/Family Room offers extra living space and access to the beautiful backyard w/patio for entertaining, artificial turf that’s perfect for yard games and a large storage shed. Robust A/C system + Ceiling Fans in Bedrooms & Sunroom help keep house cool on hot summer days. 1 car attached garage has direct access inside is a plus for these 1970’s era homes. This centrally located subdivision, originally known as Golden City, is walking distance to Starridge Park, restaurants, shops, workout facility and transit stop(s). Less than five miles from the I-15 FWY AND just 30-minutes to the Beach! No HOA/No Mello Roos, NOT in a High/Severe Fire Zone & within the award-winning Poway Unified School District. There is SO MUCH to uncover in this spectacular home & the Poway Community - come see for yourself!

Mortgage Calculator

Est. Monthly Payment

$6,122

Principal & Interest$4,973
Property Tax$890
Insurance$260
%($177,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Pomerado Elementary · grades K-5 · Poway Unified

  • Middle

    Meadowbrook Middle · grades 6-8 · Poway Unified

  • High

    Poway High · grades 9-12 · Poway Unified

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

26C
Est. Monthly Rent
$3,759

16 leases of 4-bed houses within 2 mi · $3,491–$3,774

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,364
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,970

What would make this work?

$3,970/mo short at 20% down; 84% down or +$5,156/mo rent closes it.

Break-even price

58% under asking

$375,315
Break-even rent

$5,156/mo above the estimate

$8,915/mo
Cashflow at 35% down
−$3,038/mo
Down payment to break even

$747,516 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,973
Cap Rate
1.61%
Cash-on-Cash
-26.77%
DSCR

Need ≥ 1.25 for DSCR loan

0.61

NOI (Annual)
$14,291
Price-to-Rent

Lower = better for investors

19.7

* Modelled at 20% down, 7.49% 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−$3,970/mo