553 Hygeia Ave. Avenue
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553 Hygeia Ave. Avenue

C

Encinitas, CA 92024

$1,549,000

Soft Appraisal Value: $1,511,300 · 2.5% above estimate

Beds

3

Baths

2.5

Sqft

1,655

Year Built

1990

Days on Market

176

Property Type

Condo

HOA/mo

$525

MLS ID

NDP2600453

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

This beautiful condominium offers ocean and sunset views from both levels. The stand alone unit is nestled in the quaint coastal community of Leucadia. The 3 bedroom 2.5 bath home has a main living area and primary suite lanai, both with views. Attached 2 car garage. Just a stroll to beautiful Beacons Beach, amazing restaurants, Orpheus Park and Paul Ecke School! Easy access to the 5 freeway. Additional large bonus room that can be used as storage or an office.

Mortgage Calculator

Est. Monthly Payment

$10,358

Principal & Interest$7,833
Property Tax$1,549
Insurance$452
HOA$525
%($309,800)
%

Location

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Investment Score

11D
Est. Monthly Rent
$6,808
Monthly Cashflow

Rent − PITIA

$-3,551
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,407

Mortgage (P+I)
$7,833
Cap Rate
1.10%
Cash-on-Cash
-24.82%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$15,129

NOI (Annual)
$17,104
Price-to-Rent

Lower = better for investors

19.0

* 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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