5561 Drover Street
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5561 Drover Street

D

San Diego, CA 92115

$1,150,000
NEW — 1d

Beds

3

Baths

2

Sqft

1,632

Year Built

1959

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604144

This property is in San Diego (92115). View neighborhood stats →

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About This Property

Sitting on the canyon rim with panoramic north westerly views over Mission Valley and the new Snapdragon Stadium, this single-story home offers 3 bedroom, 2 baths 1632 sq ft. tucked at the end of a cul de sac in College View Estates. The large pie shape .58 acre lot offers room for expansion. Home has been freshly painted inside and out. There are beautiful original hardwood floors throughout the living room, hall and all three bedrooms. New HVAC/Air Conditioning system, water heater, a majority of the windows have been upgraded to dual pane, along with an oversized two car attached garage. There is a power plus solar lease offering 7 panels which provides lower energy rates and is assumable by the Buyer. Great family neighborhood. Located just minutes from the vibrant SDSU campus, parks, restaurants and has easy freeway access.

Mortgage Calculator

Est. Monthly Payment

$7,300

Principal & Interest$5,815
Property Tax$1,150
Insurance$335
%($230,000)
%

Location

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Investment Score

4D
Est. Monthly Rent
$3,652
Monthly Cashflow

Rent − PITIA

$-3,648
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,446

Mortgage (P+I)
$5,815
Cap Rate
0.38%
Cash-on-Cash
-28.42%
DSCR

Need ≥ 1.25 for DSCR loan

0.50
Break-even Rent
$10,725

NOI (Annual)
$4,424
Price-to-Rent

Lower = better for investors

26.2

* 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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