5409 Limerick Ave

San Diego, CA 92117

$899,000

NEW — 3d on market

Soft Appraisal Value: $897,900 · 0.1% above estimate

Beds

Baths

Sqft

1,516

Year Built

1963

Days on Market

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007079SD

View on MLS

Description

Opportunity knocks in Clairemont! Tucked near the end of a quiet cul-de-sac, this 3 bed / 2 bath home sits on a desirable canyon lot offering privacy and potential for serene views. The property is in need of updating, making it the perfect canvas for investors or buyers looking to customize and add value. Rare chance to create your dream home in a sought-after location with endless upside!

Mortgage Calculator

Est. Monthly Payment

$5,707

Principal & Interest$4,546

Property Tax$899

Insurance$262

Down Payment

%($179,800)

Interest Rate

Loan Term

Comparable Properties

5 comps found

This Property

$4,654

Comp Average

$3,422

5252 Balboa Arms Dr

3bd / 2ba · 970 sqft · Condo

$615K

Est. $4,387/mo

2540 Clairemont Dr

2bd / 2ba · 1,232 sqft · Condo

$711K

Est. $3,654/mo

5252 Balboa Arms

2bd / 2ba · 768 sqft · Condo

$568K

Est. $2,670/mo

2959 Cowley Way

2bd / 2ba · 948 sqft · Condo

$579K

Est. $2,812/mo

4169 Balboa Way

3bd / 2.5ba · 1,408 sqft · Townhouse

$889K

Est. $3,585/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

Est. Monthly Rent

$4,654

Monthly Cashflow

Rent − PITI − HOA

$-1,053

Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,872

Mortgage (P+I)

$4,546

Cap Rate

2.23%

Cash-on-Cash

-19.17%

DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.82

Break-even Rent

$8,384

NOI (Annual)

$20,081

Price-to-Rent

Lower = better for investors

16.1

* 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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