6070 Rancho Mission Road
Btop 30%San Diego, CA 92108
Pass at asking: -$1,522/mo full cashflow at 20% down, 7.43% rate.
Works at $126,720 (61% under asking), or at 88% down.
Rent $1,990/mo from 8 leases of 1-bed condos & townhomes within 0.5 mi ($1,802–$1,841).
Beds
1
Baths
1
Sqft
530
Year Built
1977
Days on Market
0
Property Type
Condo
HOA/mo
$559
MLS ID
PTP2608268
This property is in San Diego (92108). View neighborhood stats →
About This Property
Completely remodeled, top-floor and move-in ready, this home delivers exceptional value in the heart of San Diego. Overlooking a peaceful, park-like courtyard surrounded by mature greenery, landscaped grounds and tranquil fountains, the setting feels surprisingly quiet and inviting while keeping you close to everything. Inside, nearly every surface has been refreshed, including the kitchen and bathroom, new flooring, modern lighting and smooth ceilings with the original popcorn texture removed. Bedroom fits a California King size mattress (go see for yourself). The location is hard to beat. Snapdragon Stadium, the San Diego River Park and miles of walking and biking trails are just minutes away, along with shopping, dining, fitness and the trolley. Leave the car at home and ride directly to SDSU, Downtown, Little Italy, East County and destinations throughout San Diego. The surrounding neighborhood continues to evolve with significant investment and development, including the expanding SDSU Mission Valley campus, new housing, restaurants, retail and community amenities. Set within a controlled-access community, residents enjoy two pools, a fitness center, tennis courts, BBQ areas, on-site storage, resident parking and convenient guest parking. VA approved, HELOC Purchase approved (much lower rate) with SuperFast Fiber Internet. Updated, connected and centrally located, this is an opportunity that's tough to beat in the heart of San Diego.
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Est. Monthly Payment
$2,784
Location
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Comparable Properties
5 comps foundThis Property
$1,990
Comp Average
$1,934
6394 Rancho Mission Rd
1bd / 1ba · 506 sqft · Condo
$315K
Est. $1,969/mo
6354 Rancho Mission Rd
1bd / 1ba · 506 sqft · Condo
$320K
Est. $1,933/mo
5978 Rancho Mission Rd
1bd / 1ba · 530 sqft · Condo
$355K
Est. $1,889/mo

6070 Rancho Mission Rd
1bd / 1ba · 530 sqft · Condo
$334K
Est. $1,990/mo
6070 Rancho Mission
1bd / 1ba · 530 sqft · Condo
$320K
Est. $1,889/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 1-bed condos & townhomes within 0.5 mi · $1,802–$1,841
Blended 50/50 with the zip's market median ($2,159)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,522/mo short at 20% down; 88% down or +$1,977/mo rent closes it.
- Break-even price
- $126,720
- Break-even rent
- $3,967/mo
- Cashflow at 35% down
- −$1,184/mo
- Down payment to break even
- 88%
- Rate to break even
- Not reachable
61% under asking
$1,977/mo above the estimate
$285,912 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
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