3207 Midway Dr.

3207 Midway Dr. #101

D

San Diego, CA 92110

$459,000

Soft Appraisal Value: $457,500 · 0.3% above estimate

Beds

1

Baths

1

Sqft

741

Year Built

1980

Days on Market

9

Property Type

Condo

HOA/mo

$440

MLS ID

260006701SD

View on MLS

Description

Welcome to 3207 Midway Drive, Unit 101 — a beautifully renovated, ground-level corner condominium in a gated Point Loma community. Bright and open, the floor plan offers a comfortable living area, dining space, and an updated kitchen with ample cabinetry and counters. Thoughtful storage throughout the home and the corner location provide added privacy and quiet with no neighbors above or below. Enjoy peaceful evenings with ocean breezes on your private front patio and balcony. Enjoy community amenities including abundant guest parking, a pool, spa, gated entry, and on-site laundry. This desirable home includes two attached garage parking spaces - a rare find in this area, and is conveniently located near shopping, dining, major freeways, and just minutes from beaches and Sunset Cliffs. VA and FHA approved. Pets are allowed.

Mortgage Calculator

Est. Monthly Payment

$3,354

Principal & Interest$2,321
Property Tax$459
Insurance$134
HOA$440
%($91,800)
%

Investment Score

4D
Est. Monthly Rent
$2,473
Monthly Cashflow

Rent − PITI − HOA

$-881
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,832

Mortgage (P+I)
$2,321
Cap Rate
1.28%
Cash-on-Cash
-23.95%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$4,853

NOI (Annual)
$5,865
Price-to-Rent

Lower = better for investors

15.5

* 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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