5040 Raymond Place
1 / 20

5040 Raymond Place

D

San Diego, CA 92116

$995,000
NEW — 0d

Soft Appraisal Value: $987,100 · 0.8% above estimate

Beds

2

Baths

1

Sqft

940

Year Built

1928

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260012411SD

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

About This Property

Charming Spanish-Style Home in Prime Normal Heights Location. Located in one of Normal Heights’ most desirable areas just north of Adams Avenue, this well-cared-for 2-bedroom, 1-bath home blends classic Spanish architecture with modern comfort and convenience. Inside, you’ll find wood laminate and tile flooring, vinyl windows, and tasteful kitchen updates featuring stainless steel appliances, newer cabinets. The home’s inviting layout includes a dedicated home office workspace, ideal for remote work or creative pursuits, along with central HVAC for year-round comfort. Additional highlights include: Oversized garage with alley access, spacious backyard with room to relax or entertain, charming Spanish-style architectural details, thoughtfully maintained interior and exterior. Perfectly situated near shopping, dining, entertainment, schools, transportation, and freeway access, this home offers the best of urban living in the heart of Normal Heights.

Mortgage Calculator

Est. Monthly Payment

$6,316

Principal & Interest$5,031
Property Tax$995
Insurance$290
%($199,000)
%

Location

Loading map...

Investment Score

17D
Est. Monthly Rent
$3,762
Monthly Cashflow

Rent − PITIA

$-2,554
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,249

Mortgage (P+I)
$5,031
Cap Rate
0.94%
Cash-on-Cash
-25.62%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$9,280

NOI (Annual)
$9,391
Price-to-Rent

Lower = better for investors

22.0

* 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.

Get Expert AnalysisOpen Full Calculator