509 Windy Way

509 Windy Way

Ctop 80%

Chula Vista, CA 91914

$1,195,000
NEW — 1d

Pass at asking: -$4,388/mo full cashflow at 20% down, 7.36% rate.

Works at $620,870 (48% under asking), or at 74% down.

Rent $6,162/mo from 21 leases of 4–6 bed houses within 2 mi ($4,927–$5,673).

Beds

5

Baths

3

Sqft

2,588

Year Built

1996

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2608398

This property is in Chula Vista (91914). Browse neighborhood analytics →

About This Property

Located on a quiet cul-de-sac in the desirable community of San Miguel Ranch, this beautifully updated home offers over 2,500 square feet of living space with a great balance of indoor and outdoor living. High ceilings, large windows, fresh interior paint, and luxury vinyl plank flooring create a bright and inviting atmosphere throughout. The remodeled kitchen is a standout feature, complete with a spacious center island, six-burner gas cooktop, stainless steel appliances, walk-in pantry, plenty of cabinetry and it opens to the adjoining living and dining areas. A downstairs bedroom with its own full bathroom offers flexibility for guests, extended family, or a home office. Upstairs, the spacious primary suite features high ceilings, ample closet space, dual vanities, and a soaking tub, along with three additional bedrooms. Outside you get spacious landscaped backyard designed for entertaining, featuring a gazebo and a newly added deck that provides even more space to relax, gather, and enjoy being outdoors. Additional highlights include a recently installed HVAC system with air conditioning, a three-car garage with professionally installed epoxy flooring, a dedicated laundry room, and solar power through a Power Purchase Agreement (PPA). Conveniently located near parks, trails, shopping, dining, and neighborhood amenities, with easy access to major roadways. Best of all, no HOA or Mello-Roos!

Mortgage Calculator

Est. Monthly Payment

$8,137

Principal & Interest$6,593
Property Tax$1,195
Insurance$349
%($239,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Liberty Elementary · grades K-6 · Chula Vista Elementary

  • Middle

    Eastlake Middle · grades 7-8 · Sweetwater Union High

  • High

    Eastlake 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.

Investment Score

33C
Est. Monthly Rent
$6,162

21 leases of 4–6 bed houses within 2 mi · $4,927–$5,673

Blended 50/50 with the zip's market median ($7,086)

Monthly Cashflow

Rent − PITIA

-$1,975
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,388

What would make this work?

$4,388/mo short at 20% down; 74% down or +$5,699/mo rent closes it.

Break-even price

48% under asking

$620,870
Break-even rent

$5,699/mo above the estimate

$11,861/mo
Cashflow at 35% down
−$3,152/mo
Down payment to break even

$884,300 cash

74%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,593
Cap Rate
2.52%
Cash-on-Cash
-22.03%
DSCR

Need ≥ 1.25 for DSCR loan

0.76

NOI (Annual)
$30,156
Price-to-Rent

Lower = better for investors

16.2

* 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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CCashflow−$4,388/mo