
3127 Natchez Avenue
Ctop 80%San Diego, CA 92117
Pass at asking: -$6,578/mo full cashflow at 20% down, 7.49% rate.
Works at $344,261 (71% under asking), or at 99% down.
Rent $3,448/mo from 9 leases of 1–3 bed houses within 1 mi ($3,534–$3,835).
Beds
2
Baths
2
Sqft
1,125
Year Built
1953
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026070SD
This property is in San Diego (92117). View neighborhood stats →
About This Property
Spectacular move in ready Bay Park home! This charming home is located on a quiet cul de sac street with privacy and no neighbor behind. Includes 2 bedrooms 2 baths 1,125 square feet of living space. This home has been lovingly maintained with approx $120,000 in upgrades. Remodeling includes a beautiful kitchen remodel with granite counters, custom cabinetry and stainless steel appliances, a front bathroom remodel, new copper plumbing throughout the house, dual pane windows and sliders, white plantation shutter window coverings, french doors, ceiling fans, a Roof replacement, Central AC unit, backyard remodel with lush trees, and a front yard low maintenance landscape remodel. The newest upgrades include new interior swiss coffee paint and new luxury light oak vinyl plank flooring throughout. This home has great development potential and is Zoned R2 with alley access. Add a second story for Bay views or add an ADU. Come see! Bay Park is highly desirable and centrally located minutes to Mission Bay for walking, biking, or enjoying a picnic under the San Diego sunshine. Minutes to Restaurants, shops and breweries in Bay Park. Easy access to I-5.
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Est. Monthly Payment
$8,235
Location
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Comparable Properties
5 comps foundThis Property
$3,448
Comp Average
$4,232
4411 Carib Ct
3bd / 1ba · 1,050 sqft · Single Family
$980K
Est. $3,681/mo
2718 Powhatan Ave.
3bd / 1.5ba · 1,109 sqft · Single Family
$1.20M
Est. $4,668/mo
4840 Diane Avenue
3bd / 2ba · 1,118 sqft · Single Family
$1.07M
Est. $4,044/mo
5020 Frink Ave
3bd / 2ba · 1,176 sqft · Single Family
$1.15M
Est. $4,280/mo
4329 Mount Henry Avenue
3bd / 2ba · 1,176 sqft · Single Family
$1.39M
Est. $4,485/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 1–3 bed houses within 1 mi · $3,534–$3,835
Blended 50/50 with the zip's market median ($3,119)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,578/mo short at 20% down; 99% down or +$8,542/mo rent closes it.
- Break-even price
- $344,261
- Break-even rent
- $11,990/mo
- Cashflow at 35% down
- −$5,323/mo
- Down payment to break even
- 99%
- Rate to break even
- Not reachable
71% under asking
$8,542/mo above the estimate
$1,185,030 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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