5510 Adelaide Ave.

5510 Adelaide Ave.

D

San Diego, CA 92115

$370,000

Soft Appraisal Value: $467,200 · 20.8% below estimate

Beds

1

Baths

1

Sqft

650

Year Built

1959

Days on Market

21

Property Type

Condo

HOA/mo

$421.65

MLS ID

260004981SD

Description

Beautiful ground-floor condo in a charming, small gated community near San Diego State University! FHA and VA approved, this bright and airy end unit is ideally situated at the end of a quiet cul-de-sac, offering both privacy and convenience. The open layout is filled with natural light from numerous windows, creating a warm and welcoming atmosphere. The updated kitchen features stainless steel appliances and modern finishes, perfect for everyday living and entertaining. Enjoy the convenience of an oversized stackable washer and dryer in-unit. The comfortable bedroom includes mirrored closet doors, and ceiling fans enhance airflow throughout the home. This well-maintained complex offers a sparkling community pool. Just minutes from shopping, dining, and freeway access, this move-in-ready condo combines comfort, style, and an unbeatable location!

Mortgage Calculator

Est. Monthly Payment

$2,770

Principal & Interest$1,871
Property Tax$370
Insurance$108
HOA$422
%($74,000)
%

Investment Score

14D
Est. Monthly Rent
$2,031
Monthly Cashflow

Rent − PITI − HOA

$-740
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,515

Mortgage (P+I)
$1,871
Cap Rate
1.15%
Cash-on-Cash
-11.99%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$2,771

NOI (Annual)
$4,271
Price-to-Rent

Lower = better for investors

15.2

* 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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