6131 Rancho Mission Road #116
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6131 Rancho Mission Road #116

Atop 10%

San Diego, CA 92108

$330,000
NEW — 0d
STR: check · no permits in this complex · TOT 12.75%

4 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 63-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: -$1,434/mo full cashflow at 20% down, 7.43% rate.

Works at $143,254 (57% under asking), or at 83% down.

Rent $2,111/mo from 8 leases of 1-bed condos & townhomes within 0.5 mi ($2,042–$2,085).

Beds

1

Baths

1

Sqft

680

Year Built

1979

Days on Market

0

Property Type

Condo

HOA/mo

$525

MLS ID

NDP2610056

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

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About This Property

Enjoy a connected San Diego lifestyle where entertainment, dining, coffee, fitness, and everyday conveniences are all close to home. This ground-floor residence at Mission Verde puts you within walking distance of Snapdragon Stadium, local breweries, coffee shops, restaurants, and more—all while offering the ease of low-maintenance condo living in a central San Diego location. Inside, a comfortable main living area brings the kitchen, dining, and living spaces together for everyday living and entertaining. Step directly outside to your private patio for morning coffee, fresh air, or easy access to the community’s resort-style amenities. The location is where this home really stands out. Catch concerts, sporting events, and game days at Snapdragon Stadium without the usual drive and parking hassle, with multiple breweries, coffee shops, restaurants, fitness options, and everyday conveniences within about a 10-minute walk. Trolley and freeway access also make it easy to reach North Park, Fashion Valley, downtown San Diego, and the coast. At home, Mission Verde offers swimming pools, spas, tennis and basketball courts, and landscaped common areas that extend your living experience beyond the front door. For eligible buyers, there’s an additional financial advantage: the opportunity to assume the home’s exceptional 2.75% VA loan, potentially providing substantial monthly and long-term savings compared with today’s typical mortgage rates. With walkable access to entertainment, dining, coffee, and fitness, convenient connections throughout San Diego, low-maintenance living, community amenities, and a rare financing opportunity for eligible buyers, Unit 116 offers a compelling combination of location, lifestyle, and value.

Mortgage Calculator

Est. Monthly Payment

$2,785

Principal & Interest$1,833
Property Tax$330
Insurance$96
HOA$525
%($66,000)
%
Loan Term

Location

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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

54A
Est. Monthly Rent
$2,111

8 leases of 1-bed condos & townhomes within 0.5 mi · $2,042–$2,085

Blended 50/50 with the zip's market median ($2,159)

Monthly Cashflow

Rent − PITIA

-$673
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,434

What would make this work?

$1,434/mo short at 20% down; 83% down or +$1,862/mo rent closes it.

Break-even price

57% under asking

$143,254
Break-even rent

$1,862/mo above the estimate

$3,973/mo
Cashflow at 35% down
−$1,090/mo
Down payment to break even

$273,900 cash

83%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$1,833
Cap Rate
1.84%
Cash-on-Cash
-26.07%
DSCR

Need ≥ 1.25 for DSCR loan

0.76

NOI (Annual)
$6,060
Price-to-Rent

Lower = better for investors

13.0

* 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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ACashflow−$1,434/mo