4343 Ridgeway Drive
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4343 Ridgeway Drive

D

San Diego, CA 92116

$2,875,000
NEW — 1d

Beds

4

Baths

4

Sqft

2,481

Year Built

1948

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260010450SD

This property is in San Diego (92116). View neighborhood stats →

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About This Property

Kensington Heights! Spectacular location on a south facing QUIET panoramic one half acre view lot! MILLS ACT PROPERTY! Low annual property taxes which transfers to buyer. Current assessment is under $6000 annually. Main level is three bedrooms three baths, open floorpan with generous living and dining rooms, remodeled kitchen, significant storage in laundry room and walk in pantry and hardwoods! Primary suite is in the back of the house affording sweeping panoramic views to the south and east. Does not get any better than this street in this neighborhood! An extraordinary view deck/veranda runs the length of the house taking in the VIEW! Updated primary bath and two guest baths complete the main level. Separate entrance lower level consists of a studio with its own bath which could be perfect for a fourth bedroom, guest quarters, office or whatever else you can imagine! Additional generous storage is located under the house!

Mortgage Calculator

Est. Monthly Payment

$18,251

Principal & Interest$14,538
Property Tax$2,875
Insurance$839
%($575,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,804
Monthly Cashflow

Rent − PITIA

$-14,448
Full Cashflow

Incl. vacancy, PM, maint, capex

$-17,718

Mortgage (P+I)
$14,538
Cap Rate
-1.33%
Cash-on-Cash
-36.98%
DSCR

Need ≥ 1.25 for DSCR loan

0.21
Break-even Rent
$26,815

NOI (Annual)
$-38,169
Price-to-Rent

Lower = better for investors

63.0

* 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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