5511 Adelaide Ave

San Diego, CA 92115

$399,999

NEW — 2d on market

Beds

Baths

Sqft

875

Year Built

1959

Days on Market

Property Type

Condo

HOA/mo

$487

MLS ID

260007316SD

View on MLS

Description

VA approved complex 2 spacious bedrooms, Beautiful laminate flooring, water paid by HOA, Granite countertops in the kitchen - Convenient indoor washer and dryer - Located in a gated community - Access to a refreshing swimming pool - Just minutes away from San Diego State University - Close to shopping, grocery stores, and schools - Easy access to the freeway for quick commutes This condo is perfect for students, professionals, or anyone looking for a comfortable home in a vibrant community. Don’t miss out on this opportunity—

Mortgage Calculator

Est. Monthly Payment

$3,026

Principal & Interest$2,023

Property Tax$400

Insurance$117

HOA$487

Down Payment

%($80,000)

Interest Rate

Loan Term

Comparable Properties

5 comps found

This Property

$2,596

Comp Average

$2,054

4310 54th Street

1bd / 1ba · 700 sqft · Condo

$257K

Est. $1,876/mo

4267 44th

2bd / 2ba · 864 sqft · Condo

$300K

Est. $2,293/mo

4353 51 St

2bd / 1ba · 675 sqft · Condo

$310K

Est. $2,275/mo

4221 49th Street

1bd / 1ba · 527 sqft · Condo

$335K

Est. $1,989/mo

4230 48th St

1bd / 1ba · 558 sqft · Condo

$325K

Est. $1,837/mo

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

Investment Score

Est. Monthly Rent

$2,596

Monthly Cashflow

Rent − PITI − HOA

$-431

Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,361

Mortgage (P+I)

$2,023

Cap Rate

1.98%

Cash-on-Cash

-20.42%

DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.86

Break-even Rent

$4,364

NOI (Annual)

$7,939

Price-to-Rent

Lower = better for investors

12.8

* 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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