1630 Miguel Avenue
Dbottom 20%Coronado, CA 92118
Pass at asking: -$17,837/mo full cashflow at 20% down, 7.43% rate.
Works at $792,744 (75% under asking); even all cash loses money at asking.
Rent $7,907/mo from 9 leases of 2–4 bed houses within 0.5 mi, same school area ($7,091–$9,639).
Beds
3
Baths
3
Sqft
2,116
Year Built
1990
Days on Market
60
Property Type
Single Family
HOA/mo
N/A
MLS ID
260022318SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
Ideally situated on coveted Miguel Avenue, this charming and beautifully maintained Coronado residence offers an exceptional combination of location, space, and timeless appeal. A mature magnolia tree creates a picturesque welcome, setting the tone for the warmth and character found throughout the home. Offering over 2,100sq.ft of living space, the thoughtfully designed floor plan features three bedrooms and three full bathrooms, along with a separate dining room ideal for entertaining and everyday gatherings. Generous living spaces provide comfort and versatility, while the home’s well-maintained condition offers the opportunity to enjoy immediately or personalize over time. Outside, a private backyard creates a peaceful retreat for dining, entertaining, or simply enjoying Coronado’s enviable year-round climate. A two-car tandem garage provides convenient parking and additional storage. Set in an idyllic Coronado location, this special Miguel Avenue property presents a wonderful opportunity to enjoy the very best of island living.
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Est. Monthly Payment
$21,329
Location
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Zoned Schools
Middle
Coronado Middle · grades 6-8 · Coronado Unified
High
Coronado High · grades 9-12 · Coronado Unified
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 foundThis Property
$7,907
Comp Average
$7,563
221 B Ave
3bd / 3.5ba · 2,287 sqft · Single Family
$2.50M
Est. $8,195/mo
22 Catspaw Cape
3bd / 2.5ba · 2,242 sqft · Single Family
$2.30M
Est. $7,564/mo
953 E Ave
3bd / 3.5ba · 2,050 sqft · Single Family
$3.67M
Est. $7,188/mo
200 E Ave
3bd / 3ba · 2,080 sqft · Single Family
$2.75M
Est. $7,261/mo
305 J Avenue
3bd / 3.5ba · 2,249 sqft · Single Family
$3.70M
Est. $7,606/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Coronado bans stays of 25 days or less in residential zones. See the rules
Investment Score
9 leases of 2–4 bed houses within 0.5 mi, same school area · $7,091–$9,639
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$17,837/mo short at 20% down; +$23,164/mo rent closes it.
- Break-even price
- $792,744
- Break-even rent
- $31,071/mo
- Cashflow at 35% down
- −$14,592/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
75% under asking
$23,164/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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