5657 Red River Drive
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5657 Red River Drive

C

San Diego, CA 92120

$1,099,000

Soft Appraisal Value: $1,084,800 · 1.3% above estimate

Beds

4

Baths

3

Sqft

1,729

Year Built

1965

Days on Market

12

Property Type

Single Family

HOA/mo

N/A

MLS ID

260014536SD

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

About This Property

Incredible equity builder with breathtaking valley views! This diamond in the rough is ready for your cosmetic updates to unlock its full potential. The highly desirable layout features a rare dual-bedroom setup on the main level, including the primary suite. A spacious front living room flows through the kitchen toward the back of the home, where you'll find a massive family room addition (300+ sq. ft. fully enclosed rear patio not included in reported square footage)—perfect for large gatherings. Upstairs, discover two additional bedrooms, a full bath, and a versatile bonus loft ideal for a second family room or home office. The level, fully fenced backyard offers a private retreat with stunning, unobstructed views of the lush open space valley to the south. Complete with an attached garage featuring overhead storage, workbenches, and direct entry through the laundry room.

Mortgage Calculator

Est. Monthly Payment

$6,977

Principal & Interest$5,557
Property Tax$1,099
Insurance$321
%($219,800)
%

Location

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Investment Score

21D
Est. Monthly Rent
$4,659
Monthly Cashflow

Rent − PITIA

$-2,318
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,306

Mortgage (P+I)
$5,557
Cap Rate
1.37%
Cash-on-Cash
-23.51%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$10,251

NOI (Annual)
$15,019
Price-to-Rent

Lower = better for investors

19.7

* 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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