576 Douglas Street
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576 Douglas Street

Btop 30%

Chula Vista, CA 91910

$915,000
NEW — 0d

Pass at asking: -$3,286/mo full cashflow at 20% down, 7.49% rate.

Works at $489,011 (47% under asking), or at 72% down.

Rent $4,899/mo from 9 leases of 3–5 bed houses within 1 mi ($4,543–$5,305).

Beds

4

Baths

2

Sqft

2,355

Year Built

1965

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2608215

This property is in Chula Vista (91910). Browse neighborhood analytics →

About This Property

Beautiful Single-Story Home with Curb Appeal, Paid-Off Solar & Private Pool! NO HOA or Mellow-Roos! Located in the desirable Halecrest Estates neighborhood of Chula Vista, this spacious 4-bedroom, 2-bath home offers 2,355 sq. ft. of living space on a 7,000 sq. ft. lot. Impressive curb appeal begins with a horseshoe driveway featuring custom pavers and ample parking. Valuable upgrades include a fully paid-off 22-panel LG solar system under warranty, with reported annual production of approximately 10,503 kWh, an upgraded 200-amp electrical panel, newer roof under warranty, and 4-ton central A/C with heating. Seller reports averaging approximately $47 monthly for combined gas and electricity; actual costs vary. The garage also offers potential for future EV charger installation. The freshly updated interior features new paint, carpeting, a remodeled kitchen with updated cabinetry, countertops, and flooring, plus updated bathroom vanities and faucets. All appliances convey. Enjoy a cozy fireplace, spacious living areas, a separate family room, and additional den offering flexibility for a home office, guest accommodations, or entertainment space. Potential ADU conversion possibilities to create cash flow. Step outside to your private backyard retreat featuring a swimming pool, covered patio, mature avocado tree, Filipino lemon tree, traditional lemon tree, and peaceful views of towering eucalyptus trees. Perfect for outdoor entertaining and relaxation. Additional features include an attached two-car garage, five additional on-site parking spaces, rain gutters, drought-tolerant landscaping, and low-maintenance artificial turf. Conveniently located near Telegraph Canyon Road and I-805, with easy access to shopping, dining, parks, schools, Southwestern College, and Sharp Chula Vista Medical Center. The Pacific Ocean and downtown San Diego are just a 15-minute drive.

Mortgage Calculator

Est. Monthly Payment

$6,295

Principal & Interest$5,113
Property Tax$915
Insurance$267
%($183,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Halecrest Elementary · grades K-6 · Chula Vista Elementary

  • Middle

    Hilltop Middle · grades 7-8 · Sweetwater Union High

  • High

    Hilltop Senior High · grades 9-12 · Sweetwater Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

46B
Est. Monthly Rent
$4,899

9 leases of 3–5 bed houses within 1 mi · $4,543–$5,305

Blended 50/50 with the zip's market median ($4,927)

Monthly Cashflow

Rent − PITIA

-$1,396
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,286

What would make this work?

$3,286/mo short at 20% down; 72% down or +$4,267/mo rent closes it.

Break-even price

47% under asking

$489,011
Break-even rent

$4,267/mo above the estimate

$9,166/mo
Cashflow at 35% down
−$2,327/mo
Down payment to break even

$658,800 cash

72%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,113
Cap Rate
2.72%
Cash-on-Cash
-21.54%
DSCR

Need ≥ 1.25 for DSCR loan

0.78

NOI (Annual)
$24,872
Price-to-Rent

Lower = better for investors

15.6

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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BCashflow−$3,286/mo