2850 Reynard Way
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2850 Reynard Way #30

C

San Diego, CA 92103

$514,900

Soft Appraisal Value: $512,200 · 0.5% above estimate

Beds

2

Baths

1

Sqft

726

Year Built

1976

Days on Market

45

Property Type

Condo

HOA/mo

$447

MLS ID

PTP2602280

This property is in San Diego (92103). View neighborhood stats →

About This Property

Finding a 2-bedroom, single-level top-floor unit in 92103 under this price point is rare. Finding one this clean and move-in ready is even rarer. Positioned right between Bankers Hill, Hillcrest, Little Italy, and Mission Hills, this is one of the best-connected addresses in San Diego. You're minutes from Balboa Park, the Embarcadero, Little Italy's restaurant row, and the shops and cafes of Mission Hills and Hillcrest — with easy freeway and transit access to the rest of the city. This zip code consistently ranks among the most walkable and livable in San Diego, and this unit puts you squarely in the middle of it. The layout is open and functional. Freshly painted and move-in ready, the unit is light and bright throughout, the primary bedroom is spacious, and a nice balcony gives you outdoor space to actually use. In-unit stackable washer/dryer keeps everything convenient. The kitchen has been updated with a new fridge, dishwasher, and microwave. The complex is gated with two assigned parking spaces, one covered. HOA covers water, sewer, trash, and landscaping. FHA and VA approved. Here's the kicker: later this year, the Quieter Home Program will be installing a new exterior door, triple-pane windows, and sliders — at zero cost to the owner. You're buying in just before the upgrade lands. At this price, in this location, with this much going for it — it won't last

Mortgage Calculator

Est. Monthly Payment

$3,716

Principal & Interest$2,604
Property Tax$515
Insurance$150
HOA$447
%($102,980)
%

Location

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Investment Score

40C
Est. Monthly Rent
$2,618
Monthly Cashflow

Rent − PITIA

$-1,098
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,129

Mortgage (P+I)
$2,604
Cap Rate
1.11%
Cash-on-Cash
-24.81%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$5,383

NOI (Annual)
$5,699
Price-to-Rent

Lower = better for investors

16.4

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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