5639 Dorothy Way
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5639 Dorothy Way

C

San Diego, CA 92115

$1,200,000
NEW — 5d

Soft Appraisal Value: $1,188,600 · 1.0% above estimate

Beds

3

Baths

2

Sqft

1,308

Year Built

1954

Days on Market

5

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015244SD

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

About This Property

Exceptional opportunity in the College Area! Located just minutes from San Diego State University, 5639 Dorothy Way offers tremendous potential for investors, parents of SDSU students, or buyers looking to create value through renovation. While the home is ready for updating, its location near the university provides strong rental and investment appeal. In addition to the recorded square footage, the property features an enclosed patio of approximately 252 square feet that is not reflected in the tax records, providing additional flexible space for future use. The surrounding neighborhood has seen significant investment, with numerous ADU and redevelopment projects nearby, reflecting strong demand and long-term growth potential. Investors will appreciate the opportunity to capitalize on the property's proximity to SDSU, while parents may find it ideal for housing a college student and offsetting expenses by renting additional bedrooms. Conveniently located near campus, shopping, dining, public transportation, and major freeways, this property offers endless possibilities. Whether you're looking for an income-producing investment, a future redevelopment opportunity, or a home with upside potential, this is an excellent opportunity to acquire a property in one of San Diego's most established college housing markets.

Mortgage Calculator

Est. Monthly Payment

$7,618

Principal & Interest$6,068
Property Tax$1,200
Insurance$350
%($240,000)
%

Location

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Investment Score

18D
Est. Monthly Rent
$5,094
Monthly Cashflow

Rent − PITIA

$-2,524
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,695

Mortgage (P+I)
$6,068
Cap Rate
1.37%
Cash-on-Cash
-23.48%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$11,192

NOI (Annual)
$16,469
Price-to-Rent

Lower = better for investors

19.6

* 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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