
2247 2247 Prospect
Dbottom 20%National City, CA 91950
Pass at asking: -$9,482/mo full cashflow at 20% down, 7.43% rate.
Works at $364,466 (77% under asking); even all cash loses money at asking.
Rent $3,635/mo from 22 leases of 2–4 bed houses within 2 mi ($3,405–$3,822).
Beds
3
Baths
1
Sqft
1,300
Year Built
1959
Days on Market
49
Property Type
Single Family
HOA/mo
N/A
MLS ID
260023062SD
This property is in National City (91950). Browse neighborhood analytics →
About This Property
Rare opportunity to own a detached 3-bedroom home with four additional income-producing units on an approximately 28,000 SF (.64-acre) lot in National City. The separate 3-bedroom residence offers the privacy and feel of a single-family home, while the four additional residential units provide substantial rental income and long-term investment potential. An ideal setup for an owner-occupant looking to offset housing costs with rental income, a multi-generational buyer, or an investor seeking multiple income streams on one property. The property consists of five total residential units across four separate buildings, offering separation and privacy not typically found in a multi-unit property. Current rents are below projected market levels, providing meaningful upside as units turn over. Generous lot size, ample parking and multiple outdoor areas add to the property's flexibility and appeal. Live in the detached 3-bedroom home and let the additional four units help pay for the property, or maximize the income potential of the entire asset.
Mortgage Calculator
Est. Monthly Payment
$10,948
Location
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Zoned Schools
Elementary
Lincoln Acres · grades PK-6 · National Elementary
Middle
Granger Junior High · grades 7-9 · Sweetwater Union High
High
Sweetwater 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
22 leases of 2–4 bed houses within 2 mi · $3,405–$3,822
Blended 50/50 with the zip's market median ($3,644)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$9,482/mo short at 20% down; +$12,314/mo rent closes it.
- Break-even price
- $364,466
- Break-even rent
- $15,949/mo
- Cashflow at 35% down
- −$7,816/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
77% under asking
$12,314/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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