1343 Blue Falls Dr
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1343 Blue Falls Dr

Ctop 80%

Chula Vista, CA 91910

$965,000
STR limited · Chula Vista residents only · TOT 10%

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Pass at asking: -$4,609/mo full cashflow at 20% down, 7.43% rate.

Works at $364,831 (62% under asking), or at 89% down.

Rent $3,845/mo from 10 leases of 2–4 bed houses within 1 mi ($3,579–$4,096).

Beds

3

Baths

3

Sqft

1,426

Year Built

1977

Days on Market

54

Property Type

Single Family

HOA/mo

$159

MLS ID

260022617SD

This property is in Chula Vista (91910). Browse neighborhood analytics →

Virtual Tour

About This Property

MAJOR PRICE DROP! READY TO CLOSE. Now offered at a compelling updated price. Completely remodeled from the walls in, featuring brand-new paint throughout both the interior and exterior, new flooring, and brand-new appliances. The property boasts new landscaping and includes a divided extra studio with its own private entrance, perfect for guests, a home office or tenant. Step into a welcoming home filled with natural light and modern touches. The open floor plan flows effortlessly from the kitchen to the living spaces, creating an ideal setting for gatherings. The backyard offers a peaceful retreat with plenty of room to enjoy outdoor living. Close to parks, schools, and everyday conveniences, this home delivers comfort and community in one place.

Mortgage Calculator

Est. Monthly Payment

$6,766

Principal & Interest$5,361
Property Tax$965
Insurance$281
HOA$159
%($193,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Chula Vista Hills Elementary · grades K-6 · Chula Vista Elementary

  • Middle

    Bonita Vista Middle · grades 7-8 · Sweetwater Union High

  • High

    Bonita Vista Senior High · grades 9-12 · Sweetwater Union High

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

16C
Est. Monthly Rent
$3,845

10 leases of 2–4 bed houses within 1 mi · $3,579–$4,096

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,921
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,609

What would make this work?

$4,609/mo short at 20% down; 89% down or +$5,986/mo rent closes it.

Break-even price

62% under asking

$364,831
Break-even rent

$5,986/mo above the estimate

$9,831/mo
Cashflow at 35% down
−$3,604/mo
Down payment to break even

$858,850 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,361
Cap Rate
1.17%
Cash-on-Cash
-28.66%
DSCR

Need ≥ 1.25 for DSCR loan

0.57

NOI (Annual)
$11,325
Price-to-Rent

Lower = better for investors

20.9

* 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−$4,609/mo