3980 Faircross Place

3980 Faircross Place

D

San Diego, CA 92115

$504,000
NEW — 2d on market

Beds

2

Baths

2

Sqft

1,134

Year Built

1985

Days on Market

2

Property Type

Condo

HOA/mo

$615

MLS ID

NDP2603049

View on MLS

Description

Welcome to Sunrise Point in the heart of San Diego’s College Area—an opportunity you don’t want to miss. This spacious 2-bedroom, 2-bath condo offers the perfect blend of comfort, convenience, and long-term value, whether you’re a first-time buyer, VA buyer, or investor. Step inside to a bright, open-concept layout designed for everyday living and easy entertaining. The well-appointed kitchen flows seamlessly into the living and dining areas, while large windows and a private balcony bring in natural light and create an inviting atmosphere. The primary suite features ample closet space and its own private bath, with a second bedroom and full bath ideal for guests, roommates, or a home office. Located in a secure, elevator-access building, this home also includes in-unit laundry and assigned parking—everything you need for low-maintenance living. Positioned just minutes from SDSU, downtown San Diego, major freeways, shopping, and dining, this property offers strong rental potential and long-term upside. The VA-approved complex makes this an excellent option for eligible buyers looking to maximize their purchasing power. Whether you're looking to move in, rent out, or build equity in one of San Diego’s most accessible neighborhoods, this is a smart investment in both lifestyle and future growth.

Mortgage Calculator

Est. Monthly Payment

$3,814

Principal & Interest$2,548
Property Tax$504
Insurance$147
HOA$615
%($100,800)
%

Investment Score

0D
Est. Monthly Rent
$2,259
Monthly Cashflow

Rent − PITIA

$-1,555
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,495

Mortgage (P+I)
$2,548
Cap Rate
0.13%
Cash-on-Cash
-29.70%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$5,499

NOI (Annual)
$641
Price-to-Rent

Lower = better for investors

18.6

* 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.

Get Expert AnalysisOpen Full Calculator