427 9th Ave

San Diego, CA 92101

$799,950

Beds

Baths

Sqft

1,018

Year Built

2005

Days on Market

Property Type

Condo

HOA/mo

$974.35

MLS ID

260005252SD

🏠 Virtual Tour View on MLS

Description

Terrific 2 Bedroom 2 Bathroom Corner Unit in the Highly Coveted Diamond Terrace Complex. Located in the Heart of East Village. Spectacular View of Petco Park. Enjoy ballgames, concerts, etc. from your own balcony! Rarely Available! Open Floorplan with lots of Natural Light. Granite Countertops! Stainless Steel Appliances! Laundry In Unit. TWO (tandem) Parking Spots. Close to Restaurants, Parks, and Neighborhood Stores. Excellent Opportunity for a First-Time Buyer or Investor.

Mortgage Calculator

Est. Monthly Payment

$6,053

Principal & Interest$4,045

Property Tax$800

Insurance$233

HOA$974

Down Payment

%($159,990)

Interest Rate

Loan Term

Comparable Properties

5 comps found

This Property

$2,359

Comp Average

$2,958

445 Island Avenue

1bd / 1ba · 807 sqft · Condo

$499K

Est. $3,029/mo

1435 India Street

1bd / 1ba · 838 sqft · Condo

$499K

Est. $2,717/mo

777 6th Ave

1bd / 1ba · 746 sqft · Condo

$499K

Est. $2,783/mo

702 Ash Street

2bd / 2ba · 1,002 sqft · Condo

$485K

Est. $3,374/mo

425 Beech Street

1bd / 1ba · 641 sqft · Condo

$500K

Est. $2,887/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

Est. Monthly Rent

$2,359

Monthly Cashflow

Rent − PITI − HOA

$-3,693

Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,902

Mortgage (P+I)

$4,045

Cap Rate

-1.29%

Cash-on-Cash

-36.77%

DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.39

Break-even Rent

$8,726

NOI (Annual)

$-10,290

Price-to-Rent

Lower = better for investors

28.3

* 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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