505 Timber Street
Ctop 80%Chula Vista, CA 91911
Pass at asking: -$3,537/mo full cashflow at 20% down, 7.36% rate.
Works at $377,234 (55% under asking), or at 82% down.
Rent $3,744/mo from 23 leases of 2–4 bed houses within 2 mi ($3,449–$3,844).
Beds
3
Baths
2
Sqft
1,322
Year Built
1967
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2608395
This property is in Chula Vista (91911). Browse neighborhood analytics →
About This Property
Welcome to this stunning, fully renovated single-story home in the heart of Chula Vista! Offering 3 bedrooms and 2 bathrooms, this move-in-ready home features a spacious and versatile floor plan with both a living room and a separate family room, perfect for entertaining or relaxing. The beautifully remodeled kitchen serves as the centerpiece of the home, showcasing modern finishes and an inviting atmosphere. Situated on an approximately 7,000 sq. ft. lot, the property offers a generous backyard with endless possibilities for outdoor entertaining, gatherings, or creating your own private retreat. Additional highlights include a two-car garage and a desirable location east of the 805 freeway, with convenient access to shopping, dining, schools, and major freeways. Combining modern upgrades, comfortable living spaces, and a prime Chula Vista location, this home is ready for its next chapter!
Mortgage Calculator
Est. Monthly Payment
$5,719
Location
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Zoned Schools
Elementary
Valle Lindo Elementary · grades PK-6 · Chula Vista Elementary
Middle
Castle Park Middle · grades 7-8 · Sweetwater Union High
High
Castle Park Senior High · grades 9-12 · Sweetwater Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,744
Comp Average
$3,687
74 L Street
3bd / 2ba · 1,406 sqft · Single Family
$725K
Est. $4,120/mo
1385 Melrose
3bd / 2ba · 1,262 sqft · Single Family
$699K
Est. $3,549/mo
855 Jefferson Avenue
3bd / 2ba · 1,403 sqft · Single Family
$789K
Est. $3,577/mo
36 E Prospect St
3bd / 2ba · 1,209 sqft · Single Family
$799K
Est. $3,532/mo
451 Montcalm St
3bd / 2ba · 1,416 sqft · Single Family
$899K
Est. $3,656/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
23 leases of 2–4 bed houses within 2 mi · $3,449–$3,844
Blended 50/50 with the zip's market median ($3,856)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,537/mo short at 20% down; 82% down or +$4,593/mo rent closes it.
- Break-even price
- $377,234
- Break-even rent
- $8,337/mo
- Cashflow at 35% down
- −$2,668/mo
- Down payment to break even
- 82%
- Rate to break even
- Not reachable
55% under asking
$4,593/mo above the estimate
$688,799 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
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