1390 Ridgeview Way
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1390 Ridgeview Way

Ctop 80%

Bonita, CA 91902

$1,149,900
NEW — 0d

Pass at asking: -$4,740/mo full cashflow at 20% down, 7.49% rate.

Works at $535,296 (53% under asking), or at 80% down.

Rent $5,362/mo from 8 leases of 3–5 bed houses within 1 mi ($4,347–$5,206).

Beds

4

Baths

2.5

Sqft

2,113

Year Built

1978

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2609830

This property is in Bonita (91902). Browse neighborhood analytics →

Virtual Tour

About This Property

Welcome to this spacious Ridgeview Estates home, privately situated at the end of a secluded road shared with only two other residences. Offering a wonderful sense of privacy, beautiful canyon and mountain views, and neighbors in the distance, this property enjoys a peaceful setting with no immediate neighbors below or on one side. One of the home's standout features is its two spacious outdoor yard areas, providing wonderful opportunities for entertaining, relaxing, and enjoying the surrounding scenery. The backyard, accessible from the family room and kitchen nook area, features a covered patio, perfect for outdoor dining, entertaining, or simply relaxing. A second generous side yard is located just off the living and dining rooms, where expansive windows bring in natural light and showcase the beautiful surroundings. Inside, the home offers a spacious and functional floor plan with comfortable living areas. The family room features a cozy fireplace and a conveniently located, generously sized half bathroom. All bedrooms are located upstairs, providing separation from the main living areas. Both the primary bedroom and the middle bedroom feature their own private balconies, offering additional outdoor spaces to enjoy the peaceful setting and distant views. Additional highlights include a welcoming double-door entry and an attached two-car garage. With its unique location, two generous yard areas, scenic canyon and mountain views, and exceptional privacy, this Ridgeview Estates property offers a wonderful opportunity to enjoy indoor and outdoor living in a tranquil setting while remaining conveniently close to Chula Vista amenities.

Mortgage Calculator

Est. Monthly Payment

$7,911

Principal & Interest$6,426
Property Tax$1,150
Insurance$335
%($229,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Allen (Ella B.) 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

23C
Est. Monthly Rent
$5,362

8 leases of 3–5 bed houses within 1 mi · $4,347–$5,206

Blended 50/50 with the zip's market median ($5,918)

Monthly Cashflow

Rent − PITIA

-$2,549
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,740

What would make this work?

$4,740/mo short at 20% down; 80% down or +$6,156/mo rent closes it.

Break-even price

53% under asking

$535,296
Break-even rent

$6,156/mo above the estimate

$11,518/mo
Cashflow at 35% down
−$3,535/mo
Down payment to break even

$919,920 cash

80%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,426
Cap Rate
2.04%
Cash-on-Cash
-24.73%
DSCR

Need ≥ 1.25 for DSCR loan

0.68

NOI (Annual)
$23,444
Price-to-Rent

Lower = better for investors

17.9

* 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−$4,740/mo