4848 Old Cliffs Road
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4848 Old Cliffs Road

A

San Diego, CA 92120

$220,000
NEW — 2d

Soft Appraisal Value: $216,700 · 1.5% above estimate

Beds

2

Baths

2

Sqft

1,000

Year Built

1966

Days on Market

2

Property Type

Manufactured

HOA/mo

N/A

MLS ID

260016371SD

This property is in San Diego (92120). View neighborhood stats →

About This Property

`` WELCOME to the highly sought out CLIFFS mobile home park in Allied Gardens! Located in a quiet 55+ community just minutes from Admiral Baker Golf Course, Mission Valley, Mission Trails, Downtown SD, shopping, dining and health care. 2 clubhouses with pool table, ping pong, library, shuffle board, dog walk, TV's, Wi-Fi, year round heated large pool & jacuzzi, kitchen and fireplace. Plenty of guest parking. An abundance of exercise classes, water aerobics, bingo night, bake sales, book club, pasta night, Taco Tuesday, Pancake breakfast, BBQ's on the holidays and the ice cream truck! AND, best of all, is that this home is on an annual registration with HCD therefore you pay NO property taxes. Central forced A/C & heat, large primary bathroom, natural lighting, full size washer & dryer with low maintenance landscaping. 2 car tandem carport with guest parking right around the corner.

Mortgage Calculator

Est. Monthly Payment

$1,397

Principal & Interest$1,112
Property Tax$220
Insurance$64
%($44,000)
%

Location

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Investment Score

82A
Est. Monthly Rent
$1,430
Monthly Cashflow

Rent − PITIA

+$34
Full Cashflow

Incl. vacancy, PM, maint, capex

$-479

Mortgage (P+I)
$1,112
Cap Rate
3.46%
Cash-on-Cash
-13.05%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$2,052

NOI (Annual)
$7,605
Price-to-Rent

Lower = better for investors

12.8

* 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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