5938 Rancho Mission Road

5938 Rancho Mission Road #133

D

San Diego, CA 92108

$459,500

Beds

2

Baths

1.5

Sqft

824

Year Built

1977

Days on Market

300

Property Type

Condo

HOA/mo

$443

MLS ID

PTP2504049

Description

Location, location, location! Welcome to this charming, recently remodeled two bedroom VA approved condominium in the heart of Mission Valley. Thoughtfully upgraded throughout, this home features a modernized kitchen and bathroom, new window coverings, and stylish luxury vinyl plank flooring. The primary suite offers a spacious dressing area with it's own sink, direct access to the full bathroom, a linen closet, and a roomy walk-in closet. Step outside to the sun filled private patio complete with lush artificial turf, a secure private storage closet, and a brand new retractable sunshade. With the shade open, enjoy views of the surrounding neighborhood and car park--an ideal spot for a potted plant garden or relaxing outdoors. Located in the highly desirable Rancho Mission Villas, residents enjoy beautifully manicured grounds, tranquil water fountains, ample guest parking, two pool areas with Jacuzzis, picnic areas with furnishings, and BBQ's, a gym, tennis courts, secured restrooms, and a stunning clubhouse (see CC&Rs for details). This home is within walking distance of shopping, dining, the trolley station, a popular gym, and the exciting Snapdragon Stadium. Imagine hopping on the trolley just steps from your home to East County, Downtown, or North County. Prefer to drive? You'll appreciate the quick and easy access to Highways 8 and 15. Professional grade laundry rooms are conveniently located throughout the complex. Enjoy living in the vibrant Mission Valley community--homeownership at an affordable price with outstanding amenities. This just in: New building roofs in progress! Welcome home to Rancho Mission Villas.

Mortgage Calculator

Est. Monthly Payment

$3,360

Principal & Interest$2,323
Property Tax$460
Insurance$134
HOA$443
%($91,900)
%

Investment Score

4D
Est. Monthly Rent
$2,474
Monthly Cashflow

Rent − PITI − HOA

$-886
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,838

Mortgage (P+I)
$2,323
Cap Rate
1.27%
Cash-on-Cash
-24.00%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$4,861

NOI (Annual)
$5,827
Price-to-Rent

Lower = better for investors

15.5

* 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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