4055 Falcon St
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4055 Falcon St #202

D

San Diego, CA 92103

$699,999
NEW — 1d

Soft Appraisal Value: $684,600 · 2.2% above estimate

Beds

2

Baths

2

Sqft

1,080

Year Built

1981

Days on Market

1

Property Type

Condo

HOA/mo

$500

MLS ID

NDP2604174

This property is in San Diego (92103). View neighborhood stats →

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About This Property

First time on the market in nearly 30 years, this Mission Hills gem sits in a prime Village location with easy access to charming shops and local eateries. Skylights fill the home with natural light, complementing the updated kitchen with stainless steel appliances. The living area features a gas-burning fireplace that can also burn wood and opens to a balcony overlooking the neighborhood and palm trees. The layout includes a stacked washer and dryer in a hallway closet and a primary bathroom with dual sinks. Practical perks include one gated, reserved garage parking space, dedicated storage located near the parking spot, and controlled access to the property.

Mortgage Calculator

Est. Monthly Payment

$4,944

Principal & Interest$3,540
Property Tax$700
Insurance$204
HOA$500
%($140,000)
%

Location

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Investment Score

29D
Est. Monthly Rent
$3,286
Monthly Cashflow

Rent − PITIA

$-1,658
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,997

Mortgage (P+I)
$3,540
Cap Rate
0.93%
Cash-on-Cash
-25.69%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$7,178

NOI (Annual)
$6,515
Price-to-Rent

Lower = better for investors

17.8

* 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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