3020 Cowley Way
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3020 Cowley Way #209

D

San Diego, CA 92117

$685,000
NEW — 0d

Beds

2

Baths

2

Sqft

844

Year Built

1986

Days on Market

0

Property Type

Condo

HOA/mo

$445

MLS ID

260010649SD

This property is in San Diego (92117). View neighborhood stats →

About This Property

Brand new to the market, Residence 209 presents a rare opportunity to own a beautifully renovated two-bedroom, two-bath residence in one of the most desirable locations within The Heights at Bay Park. Ideally positioned adjacent to the model home, this exceptional residence captures sweeping, views of the bay and extending out to the ocean— Designed to embrace coastal living, the home is light, bright, and airy, with refreshing breezes flowing throughout the day. The open-concept floor plan creates a seamless connection between the kitchen, dining, and living areas, making both everyday living and entertaining effortless. A private balcony extends the living space outdoors, providing the perfect setting to take in expansive water views and unforgettable sunsets. Additional highlights include a private garage—an invaluable feature in this area—adding both convenience and functionality. The Heights at Bay Park offers a charming and intimate community setting, complete with a quaint pool and barbecue area, perfect for relaxing or gathering with friends and neighbors. Ideally located, residents enjoy close proximity to freeway access, the bay, beaches, scenic walking and hiking trails, and all that San Diego has to offer—making everyday living both easy and inspiring.

Mortgage Calculator

Est. Monthly Payment

$4,794

Principal & Interest$3,464
Property Tax$685
Insurance$200
HOA$445
%($137,000)
%

Location

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Investment Score

15D
Est. Monthly Rent
$2,441
Monthly Cashflow

Rent − PITIA

$-2,353
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,485

Mortgage (P+I)
$3,464
Cap Rate
-0.04%
Cash-on-Cash
-30.53%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$6,967

NOI (Annual)
$-255
Price-to-Rent

Lower = better for investors

23.4

* 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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