3211 Mercer Lane
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3211 Mercer Lane

D

San Diego, CA 92122

$1,695,000
NEW — 1d

Beds

5

Baths

3

Sqft

2,383

Year Built

1967

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604258

This property is in San Diego (92122). View neighborhood stats →

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About This Property

Grab this home before a flipper does! Cherished home, offered for the first time by the family of its original owners, it presents a rare opportunity in one of University City’s most desirable neighborhoods and streets. Situated on an oversized corner lot, the property features five spacious bedrooms, including a convenient full bedroom and bath on the main level. Recently painted exterior and much of the interior, new oven, newer heater and new carpeting in most rooms provide a welcoming starting point, while the generous layout offers endless potential to personalize and elevate the space to your taste. This home is a perfect canvas to bring your dream home to life in an exceptional location.

Mortgage Calculator

Est. Monthly Payment

$10,760

Principal & Interest$8,571
Property Tax$1,695
Insurance$494
%($339,000)
%

Location

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Investment Score

3D
Est. Monthly Rent
$5,154
Monthly Cashflow

Rent − PITIA

$-5,606
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,204

Mortgage (P+I)
$8,571
Cap Rate
0.26%
Cash-on-Cash
-29.04%
DSCR

Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$15,808

NOI (Annual)
$4,405
Price-to-Rent

Lower = better for investors

27.4

* 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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