5402 Balboa Arms Dr.
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5402 Balboa Arms Dr. #338

B

San Diego, CA 92117

$599,000
NEW — 5d

Soft Appraisal Value: $591,400 · 1.3% above estimate

Beds

3

Baths

2

Sqft

971

Year Built

1995

Days on Market

5

Property Type

Condo

HOA/mo

$395

MLS ID

PTP2603949

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

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About This Property

Rare 3-bedroom condo located in the highly desirable gated community of Balboa Ridge, centrally situated in the heart of Clairemont. The thoughtfully designed kitchen features a peninsula that is perfect for casual dining and entertaining guests. Ideally positioned directly in front of the community pool, this home offers both convenience and a resort-style atmosphere. Enjoy the added comfort of inside private laundry and an enclosed private front patio, perfect for BBQs or pets. Conveniently located near shopping, freeways, schools, parks, and just a short drive to San Diego’s beautiful beaches.

Mortgage Calculator

Est. Monthly Payment

$4,198

Principal & Interest$3,029
Property Tax$599
Insurance$175
HOA$395
%($119,800)
%

Location

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Investment Score

48B
Est. Monthly Rent
$3,303
Monthly Cashflow

Rent − PITIA

$-895
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,154

Mortgage (P+I)
$3,029
Cap Rate
1.75%
Cash-on-Cash
-21.57%
DSCR

Need ≥ 1.25 for DSCR loan

0.79
Break-even Rent
$6,100

NOI (Annual)
$10,502
Price-to-Rent

Lower = better for investors

15.1

* 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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