5523 Adobe Falls #3 Road
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5523 Adobe Falls #3 Road

C

San Diego, CA 92120

$509,000
NEW — 0d

Beds

2

Baths

2

Sqft

1,144

Year Built

1973

Days on Market

0

Property Type

Condo

HOA/mo

$510

MLS ID

PTP2603333

This property is in San Diego (92120). View neighborhood stats →

About This Property

Opportunity is knocking are you going to answer? This is the fully renovated condo is for you! Seller is willing to entertain a credit for a rate buy down! Appraised at $540,000. Instant Value! VA approved with a potential 5.5 30 yr fixed for qualified buyers with seller's preferred lender. Situated in the centrally located highly desired Del Cerro area of San Diego, 5523 Adobe Falls #3, offers comfort, convenience, and easy access to everything that makes San Diego living so special. Step inside to discover a bright and inviting layout featuring spacious living areas and an open flow perfect for both relaxing and entertaining. All New Dual Pane windows, LVP Flooring! The living room seamlessly connects to a serene quiet private patio, creating the ideal indoor-outdoor lifestyle Southern California is known for. The kitchen offers ample cabinetry and counter space with quartz counters and S/S appliances. Generously sized bedrooms provide comfort and flexibility for guests, a home office or a personal retreat. Enjoy the convenience of community amenities and a prime location just mins from shopping, hiking trails, SDSU and major freeways - making commuting and exploring the city simple and convenient. Whether you are a first time buyer, investor, or looking for a low-maintenance home in a fantastic location, this charming condo is a must-see, COME FALL IN LOVE today!

Mortgage Calculator

Est. Monthly Payment

$3,741

Principal & Interest$2,574
Property Tax$509
Insurance$148
HOA$510
%($101,800)
%

Location

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Investment Score

30C
Est. Monthly Rent
$2,288
Monthly Cashflow

Rent − PITIA

$-1,453
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,403

Mortgage (P+I)
$2,574
Cap Rate
0.40%
Cash-on-Cash
-28.33%
DSCR

Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$5,409

NOI (Annual)
$2,047
Price-to-Rent

Lower = better for investors

18.5

* 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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