4411 Carib Ct

4411 Carib Ct

Ctop 80%

San Diego, CA 92117

$975,000
NEW — 0d
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

27 licensed short-term rentals within ½ mile (17 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$4,402/mo full cashflow at 20% down, 7.36% rate.

Works at $399,045 (59% under asking), or at 86% down.

Rent $3,960/mo from 10 leases of 3-bed houses within 1 mi ($3,903–$4,020).

Beds

3

Baths

1

Sqft

1,050

Year Built

1955

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026978SD

This property is in San Diego (92117). View neighborhood stats →

About This Property

Tucked away on a quiet cul-de-sac, this beautifully refreshed home offers stylish finishes throughout and sits on an expansive 6,600 square foot lot, providing incredible possibilities for expansion, outdoor living, or the potential to add add an ADU. Step inside through the modern front door to discover tile flooring flowing throughout the home, creating a clean, cohesive look that's both elegant and easy to maintain. The updated kitchen is designed to impress with sleek quartz countertops, timeless white shaker cabinetry, a modern faucet, stainless steel appliances, recessed lighting, and an inviting layout perfect for both everyday living and entertaining. The remodeled bathroom features contemporary finishes, including a stylish new vanity and illuminated LED mirror. Each bedroom has been thoughtfully updated with modern black ceiling fans, while recessed lighting in the main living areas enhances the bright and welcoming atmosphere. Stay comfortable year-round with the energy-efficient mini-split cooling system, providing a refreshing escape during warm San Diego summers. Outside, the spacious backyard offers endless opportunities to create your dream outdoor retreat. Whether you envision a pool, garden, entertaining space, or an income-producing ADU, this oversized lot provides the flexibility to bring your vision to life. Ask about the ADU Companion Document. The seller has never occupied the property and has very limited knowledge of property condition or history. All measurements are approximate. Buyer's and Buyer's Broker/Agent should verify measurements and complete thorough inspections and investigations prior to Close of Escrow to satisfy themselves with the current condition of the property. Buyer(s) to verify and approve all data, reports, records, inspections, permits, and all information pertaining to the property prior to removal of contingencies. All contracts/offers are subject to seller approval and any offers or counteroffers by seller are not binding unless the entire agreement is ratified by all parties.

Mortgage Calculator

Est. Monthly Payment

$6,639

Principal & Interest$5,379
Property Tax$975
Insurance$284
%($195,000)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Field Elementary · grades PK-5 · San Diego Unified

  • Middle

    Innovation Middle · grades 6-8 · San Diego Unified

  • High

    Madison High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

20C
Est. Monthly Rent
$3,960

10 leases of 3-bed houses within 1 mi · $3,903–$4,020

Monthly Cashflow

Rent − PITIA

-$2,678
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,402

What would make this work?

$4,402/mo short at 20% down; 86% down or +$5,716/mo rent closes it.

Break-even price

59% under asking

$399,045
Break-even rent

$5,716/mo above the estimate

$9,676/mo
Cashflow at 35% down
−$3,393/mo
Down payment to break even

$838,500 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,379
Cap Rate
1.45%
Cash-on-Cash
-27.09%
DSCR

Need ≥ 1.25 for DSCR loan

0.60

NOI (Annual)
$14,108
Price-to-Rent

Lower = better for investors

20.5

* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
CCashflow−$4,402/mo