5978 Rancho Mission Rd #274
1 / 20

5978 Rancho Mission Rd #274

Btop 30%

San Diego, CA 92108

$354,999
STR: check · no permits in this complex · TOT 12.75%

3 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 6, 2026.

No unit in this 52-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$1,642/mo full cashflow at 20% down, 7.43% rate.

Works at $141,232 (60% under asking), or at 87% down.

Rent $1,889/mo from 8 leases of 1-bed condos & townhomes within 0.5 mi, same school area ($1,802–$1,841).

Beds

1

Baths

1

Sqft

530

Year Built

1977

Days on Market

46

Property Type

Condo

HOA/mo

$370

MLS ID

260023090SD

This property is in San Diego (92108). View neighborhood stats →

Virtual Tour

About This Property

Welcome to Mission Playmor, where this beautifully updated townhome-style condo offers the perfect blend of modern comfort and central San Diego convenience. Step inside to find a bright, open living area featuring durable laminate flooring and a neutral color palette that complements any style. The kitchen is a true standout, boasting sleek countertops and crisp white cabinetry that provides ample storage for the home chef. Just off the dining area, a private enclosed patio offers the ideal spot for morning coffee or alfresco dining under the San Diego sun. The bedroom offers a peaceful retreat from the main living spaces. The bedroom is generous in size, with the bathroom featuring finishes that add a touch of luxury to your daily routine. The Mission Playmor community provides a resort-like atmosphere with access to sparkling pools, spas, and lush green belts. Located in the heart of Mission Valley, you’re just moments away from world-class shopping at Fashion and Mission Valley Malls, a diverse array of dining options, and easy access to major freeways and the Trolley for effortless commuting. Whether you’re looking for a vibrant urban lifestyle, a stylish home base or an investment property this turnkey condo delivers on every front.

Mortgage Calculator

Est. Monthly Payment

$2,801

Principal & Interest$1,972
Property Tax$355
Insurance$104
HOA$370
%($71,000)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Foster Elementary · grades K-5 · San Diego Unified

    or Juarez Elementary · grades K-5 · San Diego Unified

    Choice area: the district lets families here pick either school.

  • Middle

    Lewis Middle · grades 6-8 · San Diego Unified

    or Taft Middle · grades 6-8 · San Diego Unified

    Choice area: the district lets families here pick either school.

  • High

    Kearny Digital Media & Design · grades 9-12 · San Diego Unified

    or Kearny School of Biomedical Science and Technology · grades 9-12 · San Diego Unified

    or Kearny College Connections · grades 9-12 · San Diego Unified

    or Kearny Eng Innov & Design · grades 9-12 · San Diego Unified

    or Henry High · grades 9-12 · San Diego Unified

    Choice area: the district lets families here pick either school.

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

48B
Est. Monthly Rent
$1,889

8 leases of 1-bed condos & townhomes within 0.5 mi, same school area · $1,802–$1,841

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$912
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,642

What would make this work?

$1,642/mo short at 20% down; 87% down or +$2,133/mo rent closes it.

Break-even price

60% under asking

$141,232
Break-even rent

$2,133/mo above the estimate

$4,022/mo
Cashflow at 35% down
−$1,273/mo
Down payment to break even

$308,849 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$1,972
Cap Rate
1.43%
Cash-on-Cash
-27.76%
DSCR

Need ≥ 1.25 for DSCR loan

0.67

NOI (Annual)
$5,090
Price-to-Rent

Lower = better for investors

15.7

* Modelled at 20% down, 7.43% 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.

Open Full Calculator
BCashflow−$1,642/mo