3031 Canyon
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3031 Canyon

Ctop 80%

San Diego, CA 92123

$1,049,000
STR: check · no permits on this tract · TOT 12.75%

8 licensed short-term rentals within ½ mile (5 whole home), from the cities' license and permit lists of Nov 7, 2026.

None of the 35 homes on this home's recorded tract holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$4,968/mo full cashflow at 20% down, 7.43% rate.

Works at $402,187 (62% under asking), or at 89% down.

Rent $4,258/mo from 8 leases of 2–4 bed houses within 1 mi ($3,960–$4,612).

Beds

3

Baths

2.5

Sqft

1,411

Year Built

1999

Days on Market

182

Property Type

Single Family

HOA/mo

$190

MLS ID

SW26099882

This property is in San Diego (92123). View neighborhood stats →

About This Property

Welcome to Stonecrest Village — a highly sought-after community offering comfort, convenience, and charm. This corner property boasts a fully landscaped and finished backyard, perfect for entertaining guests or enjoying peaceful evenings under the stars. Step inside this bright and beautifully upgraded home featuring: 3 spacious bedrooms,2.5 modern bathrooms. Gorgeous flooring throughout, and a newer kitchen with upgraded appliances, counter tops,whole house water filtration system, and a reverse osmosis system under the sink. The two car garage is equipped with Tesla wall charger. This home offers bundant natural light that fills every room, and it is centrally located with easy access to shopping, freeways, hospitals, and entertainment — everything you need is just minutes away. Stonecrest has a community pools, parks, tennis courts, gym, and trails. This home is a true gem — must be seen to be fully appreciated!

Mortgage Calculator

Est. Monthly Payment

$7,373

Principal & Interest$5,828
Property Tax$1,049
Insurance$306
HOA$190
%($209,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Cubberley Elementary · grades K-5 · San Diego Unified

  • Middle

    Taft Middle · grades 6-8 · San Diego Unified

  • High

    Kearny Digital Media & Design · grades 9-12 · San Diego Unified

    or Kearny School of Biomedical Science and Technology · grades 9-12 · San Diego Unified

    or Kearny College Connections · grades 9-12 · San Diego Unified

    or Kearny Eng Innov & Design · grades 9-12 · San Diego Unified

    Choice area: the district lets families here pick either school.

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

13C
Est. Monthly Rent
$4,258

8 leases of 2–4 bed houses within 1 mi · $3,960–$4,612

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$3,115
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,968

What would make this work?

$4,968/mo short at 20% down; 89% down or +$6,452/mo rent closes it.

Break-even price

62% under asking

$402,187
Break-even rent

$6,452/mo above the estimate

$10,710/mo
Cashflow at 35% down
−$3,875/mo
Down payment to break even

$933,610 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,828
Cap Rate
1.23%
Cash-on-Cash
-28.42%
DSCR

Need ≥ 1.25 for DSCR loan

0.58

NOI (Annual)
$12,869
Price-to-Rent

Lower = better for investors

20.5

* 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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CCashflow−$4,968/mo