305 Pomona Ave
Ctop 80%Coronado, CA 92118
Pass at asking: -$7,484/mo full cashflow at 20% down, 7.49% rate.
Works at $454,772 (68% under asking), or at 96% down.
Rent $4,556/mo from 22 leases of 1–3 bed houses within 1 mi ($4,056–$4,981).
Beds
2
Baths
2
Sqft
756
Year Built
1892
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026257SD
This property is in Coronado (92118). Browse neighborhood analytics →
About This Property
TURN-KEY! Welcome to this beautifully remodeled 2-bedroom cottage, full of charm and character! Thoughtfully updated, it blends modern comforts and conveniences while preserving touches of classic Coronado charm. High ceilings and an open floor plan create a bright, airy feel that makes the home live larger than its footprint. Enjoy easy indoor-outdoor living with a spacious patio, cozy fire pit, and new turf lawn--perfect for relaxing or entertaining. The recent remodel includes foundation retrofitting, a reimagined floor plan, updated electrical and plumbing, a brand-new kitchen and bathrooms, new windows, floors, doors, fresh paint, paid-off solar, and more--Move in ready today. Don't miss this opportunity to own one of the lowest-priced detached home in Coronado! TURN-KEY! Welcome to this beautifully remodeled 2-bedroom cottage, full of charm and character! Thoughtfully updated, it blends modern comforts and conveniences while preserving touches of classic Coronado charm. High ceilings and an open floor plan create a bright, airy feel that makes the home live larger than its footprint. Enjoy easy indoor-outdoor living with a spacious patio, cozy fire pit, and new turf lawn--perfect for relaxing or entertaining. The recent remodel includes foundation retrofitting, a reimagined floor plan, updated electrical and plumbing, a brand-new kitchen and bathrooms, new windows, floors, doors, fresh paint, paid-off solar, and more--Move in ready today. Don't miss this opportunity to own the lowest-priced detached home in Coronado!
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Est. Monthly Payment
$9,804
Location
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Comparable Properties
2 comps foundThis Property
$4,556
Comp Average
$5,217
1221 4th St
2bd / 1ba · 899 sqft · Single Family
$1.60M
Est. $4,968/mo
332 Glorietta Pl
2bd / 2ba · 1,088 sqft · Single Family
$2.00M
Est. $5,465/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
22 leases of 1–3 bed houses within 1 mi · $4,056–$4,981
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$7,484/mo short at 20% down; 96% down or +$9,719/mo rent closes it.
- Break-even price
- $454,772
- Break-even rent
- $14,275/mo
- Cashflow at 35% down
- −$5,991/mo
- Down payment to break even
- 96%
- Rate to break even
- Not reachable
68% under asking
$9,719/mo above the estimate
$1,368,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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