6255 Rancho Mission Road

6255 Rancho Mission Road

Btop 30%

San Diego, CA 92108

$365,900
NEW — 0d
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

4 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 2, 2026.

1 short-term rental license on file in this 62-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).

Pass at asking: -$1,752/mo full cashflow at 20% down, 7.49% rate.

Works at $138,857 (62% under asking), or at 89% down.

Rent $2,102/mo from 8 leases of 1-bed condos & townhomes within 0.5 mi, same school area ($2,022–$2,065).

Beds

1

Baths

1

Sqft

667

Year Built

1979

Days on Market

0

Property Type

Condo

HOA/mo

$548

MLS ID

260026086SD

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

About This Property

Inviting entry leads to nicely upgraded 1BR/1BA condo in quiet part of complex*Open kitchen with granite counters*Brand new AC/Heat unit*Tranquil and spacious balcony with large storage closet*Very open complex features large pool and spa, Clubhouse and large laundry area*Dedicated COVERED parking space and extra parking space available*No stairs required as easy elevator access from the parking area gets you to the second floor! Very pet friendly rules!! Easy access to freeways and all the exciting amenities Mission Valley has to offer!

Mortgage Calculator

Est. Monthly Payment

$3,065

Principal & Interest$2,045
Property Tax$366
Insurance$107
HOA$548
%($73,180)
%
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

46B
Est. Monthly Rent
$2,102

8 leases of 1-bed condos & townhomes within 0.5 mi, same school area · $2,022–$2,065

Blended 50/50 with the zip's market median ($2,161)

Monthly Cashflow

Rent − PITIA

-$964
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,752

What would make this work?

$1,752/mo short at 20% down; 89% down or +$2,275/mo rent closes it.

Break-even price

62% under asking

$138,857
Break-even rent

$2,275/mo above the estimate

$4,377/mo
Cashflow at 35% down
−$1,369/mo
Down payment to break even

$325,651 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,045
Cap Rate
1.30%
Cash-on-Cash
-28.73%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$4,774
Price-to-Rent

Lower = better for investors

14.5

* 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−$1,752/mo