2959 Cowley Way

2959 Cowley Way #2BED

D

San Diego, CA 92117

$579,000
NEW — 4d on market

Soft Appraisal Value: $576,100 · 0.5% above estimate

Beds

2

Baths

2

Sqft

948

Year Built

1976

Days on Market

4

Property Type

Condo

HOA/mo

$433.65

MLS ID

260006937SD

View on MLS

Description

Enjoy stunning panoramic views of Tecolote Canyon from your top-floor 2BED/2 BATH single-level condo. Have spectacular sunrises take your breath away from your balcony. Large bedrooms w/tons of natural light. Great location with low HOAs, including a pool. The condo is just minutes from Mission Bay, with easy access to beautiful beaches, parks, and water activities. Tecolote Canyon offers a variety of recreational options, including a golf course, driving range, and scenic hiking and mountain biking trails. Walkable to the library, restaurants, bars, and grocery shopping. This condo is ready for your TLC!

Mortgage Calculator

Est. Monthly Payment

$4,109

Principal & Interest$2,928
Property Tax$579
Insurance$169
HOA$434
%($115,800)
%

Investment Score

3D
Est. Monthly Rent
$2,812
Monthly Cashflow

Rent − PITI − HOA

$-1,297
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,427

Mortgage (P+I)
$2,928
Cap Rate
1.04%
Cash-on-Cash
-25.15%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$5,963

NOI (Annual)
$6,013
Price-to-Rent

Lower = better for investors

17.2

* 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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