297 Tiburon #190
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297 Tiburon #190

Atop 10%

Chula Vista, CA 91914

$579,999
STR limited · Chula Vista residents only · TOT 10%

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Pass at asking: -$2,237/mo full cashflow at 20% down, 7.43% rate.

Works at $288,689 (50% under asking), or at 76% down.

Rent $3,165/mo from 19 leases of 1–3 bed condos & townhomes within 2 mi ($3,065–$3,303).

Beds

2

Baths

2

Sqft

1,061

Year Built

2006

Days on Market

97

Property Type

Condo

HOA/mo

$220

MLS ID

260019120SD

This property is in Chula Vista (91914). Browse neighborhood analytics →

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About This Property

Welcome to this beautifully maintained 2-bedroom, 2-bathroom condominium in the highly sought-after San Miguel Ranch community. Ideally located near San Miguel Park, you’ll enjoy easy access to walking and biking trails, open green space, and a peaceful setting while remaining close to shopping, dining, and everyday conveniences. Inside, you’ll find a bright, move-in-ready interior featuring hardwood flooring, a cozy fireplace, a brand-new HVAC system, and an open floor plan designed for both everyday living and entertaining. The living room flows seamlessly to the private patio, creating the perfect setting to host or simply unwind at the end of the day. The kitchen features granite countertops, wood cabinetry, modern appliances, and generous storage, combining style and functionality. The spacious primary suite offers a private retreat with a well-appointed en suite bathroom, a large walk-in closet, and double doors leading to a private balcony. A generously sized second bedroom and an additional full bathroom provide flexibility for guests, a home office, or everyday living. An in-unit washer and dryer, attached one-car garage, and nearby guest parking add everyday convenience. Enjoy an outstanding collection of resort-style amenities, including an Olympic-size swimming pool, spa, fitness center, tennis and sports courts, playground, clubhouse, barbecue areas, and beautifully maintained grounds. Offering quality finishes, an inviting floor plan, a brand-new HVAC system, exceptional community amenities, and an outstanding location, this home is ready from day one.

Mortgage Calculator

Est. Monthly Payment

$4,191

Principal & Interest$3,222
Property Tax$580
Insurance$169
HOA$220
%($116,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Liberty Elementary · grades K-6 · Chula Vista Elementary

  • Middle

    Eastlake Middle · grades 7-8 · Sweetwater Union High

  • High

    Eastlake 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

52A
Est. Monthly Rent
$3,165

19 leases of 1–3 bed condos & townhomes within 2 mi · $3,065–$3,303

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,026
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,237

What would make this work?

$2,237/mo short at 20% down; 76% down or +$2,906/mo rent closes it.

Break-even price

50% under asking

$288,689
Break-even rent

$2,906/mo above the estimate

$6,071/mo
Cashflow at 35% down
−$1,633/mo
Down payment to break even

$440,799 cash

76%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,222
Cap Rate
2.36%
Cash-on-Cash
-23.15%
DSCR

Need ≥ 1.25 for DSCR loan

0.76

NOI (Annual)
$13,716
Price-to-Rent

Lower = better for investors

15.3

* 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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ACashflow−$2,237/mo