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1383 S Creekside Dr

Ctop 80%

Chula Vista, CA 91915

$1,449,900

NEW — 0d

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: -$6,170/mo full cashflow at 20% down, 7.43% rate.

Works at $646,495 (55% under asking), or at 82% down.

Rent $6,627/mo from 8 leases of 5–7 bed houses within 2 mi ($6,174–$6,907).

Beds

Baths

Sqft

3,701

Year Built

2001

Days on Market

Property Type

Single Family

HOA/mo

$137

MLS ID

PTP2608225

This property is in Chula Vista (91915). Browse neighborhood analytics →

Virtual Tour

About This Property

VIEW | VIEW | VIEW - BEAUTIFUL VIEW OF THE CREEK WITH NO NEIGHBORS BEHIND - AMAZING EASTLAKE TRAILS BEAUTY - REAL PRIDE OF OWNERSHIP - WELL RESPECTED CONTINENTAL CONSTRUCTION - WONDERFUL ENTRY - STRIKING VAULTED CEILINGS - BEAUTIFUL CURVED STAIRCASE WITH WROUGHT IRON ACCENTS - EDGE GLASS WINDOWS - GREAT OPEN FLOOR PLAN - CHEF’S DELIGHT KITCHEN - GRANITE COUNTERTOPS - STAINLESS STEEL APPLIANCES - BUTLERS PANTRY - LOTS OF STORAGE - PLANTATION SHUTTERS - 3 FIREPLACES - SURROUND SOUND - UPGRADED FLOORING - FEATURES 2 MASTERS - ONE LARGE MASTER FEATURES RETREAT AREA - COULD BE 6TH BEDROOM/ NURSERY / OFFICE / WORK-OUT - PRIVATE BALCONY - PLUS A BEAUTIFUL FIREPLACE WITH RAISED HEARTH - COFFEE BAR WITH QUARTZ COUNTERTOPS - THE SECOND MASTER FEATURES SPACIOUS AREA WITH HIGH 9 FOOT CEILINGS AND PRIVATE BATH ENSUITE - LARGE BACKYARD WITH A POND-SEATING AREA - BBQ AREA - ACCESS TO 2 CLUBHOUSES - CREEKSIDE AND WOODS CLUBHOUSE - ELEGANCE PLUS AMAZING AMBIANCE THROUGHOUT - LOW HOA - NO MELLO-ROOS - SUPERIOR CONTINENTAL CONSTRUCTION - CLOSE TO PARKS - POOLS - CLUBHOUSE - NEAR SHOPPING - TRANSPORTATION - BACKS UP TO OPEN SPACE

Mortgage Calculator

Est. Monthly Payment

$10,065

Principal & Interest$8,055

Property Tax$1,450

Insurance$423

HOA$137

Down Payment

%($289,980)

Interest Rate

Loan Term

Location

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Zoned Schools

Elementary
Arroyo Vista Charter · grades K-8 · Chula Vista Elementary
Middle
Eastlake Middle · grades 7-8 · Sweetwater Union High
High
Eastlake 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.

Comparable Properties

5 comps found

This Property

$6,627

Comp Average

$5,987

1555 Caminito Cremona

5bd / 4ba · 2,745 sqft · Single Family

$959K

Est. $5,653/mo

1587 Wishing Star Dr.

5bd / 4ba · 3,601 sqft · Single Family

$1.30M

Est. $5,980/mo

1324 Silverado

5bd / 3.5ba · 2,846 sqft · Single Family

$1.23M

Est. $5,284/mo

1238 Old Janal Ranch Road

5bd / 4ba · 2,963 sqft · Single Family

$1.40M

Est. $5,674/mo

2845 Palmetto Point

5bd / 5.5ba · 4,077 sqft · Single Family

$2.00M

Est. $7,342/mo

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

Investment Score

18C

Est. Monthly Rent

$6,627

8 leases of 5–7 bed houses within 2 mi · $6,174–$6,907

Monthly Cashflow

Rent − PITIA

-$3,438

Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,170

What would make this work?

$6,170/mo short at 20% down; 82% down or +$8,013/mo rent closes it.

Break-even price: $646,495
Break-even rent: $14,640/mo
Cashflow at 35% down: −$4,660/mo
Down payment to break even: 82%
Rate to break even: Not reachable

Mortgage (P+I)

$8,055

Cap Rate

1.83%

Cash-on-Cash

-25.53%

DSCR

Need ≥ 1.25 for DSCR loan

0.66

NOI (Annual)

$26,592

Price-to-Rent

Lower = better for investors

18.2

* 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−$6,170/mo