6881 Newberry Street

6881 Newberry Street

B

San Diego, CA 92120

$900,000
NEW — 1d

Beds

4

Baths

2

Sqft

1,284

Year Built

1957

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260017299SD

This property is in San Diego (92120). View neighborhood stats →

About This Property

This 4-bedroom, 2-bath single-family home offers 1,284 square feet of living space on an approximately 7,800 square foot lot in San Diego's Allied Gardens neighborhood. Built in 1957, the single-level floor plan combines functional living spaces with recent improvements, including fresh interior paint, new carpet, a new cooktop, and leased solar. The primary suite features a walk-in closet, full bath, and its own dedicated air-conditioning unit for added comfort. Three additional bedrooms provide flexible space for sleeping, working from home, hobbies, or guests. The kitchen offers its original cabinetry paired with a new cooktop. The home also has dual-pane windows. Recent improvements include a roof installation and a furnace installed around 2017. The home also has air conditioning. Outside, the approximately 7,800 square foot lot is larger than many lots in the surrounding neighborhood, providing added outdoor space and room for a potential ADU, subject to applicable regulations and approvals. The property also includes a fenced rear yard, two-car garage, storage shed, covered patio area, and mature lemon and orange trees. Situated on a wide, low-traffic street, the home offers a quieter neighborhood setting while remaining conveniently located in Allied Gardens with easy access to shopping, dining, parks, schools, and major transportation routes throughout San Diego.

Mortgage Calculator

Est. Monthly Payment

$5,713

Principal & Interest$4,551
Property Tax$900
Insurance$262
%($180,000)
%

Investment Score

34C
Est. Monthly Rent
$4,050
Monthly Cashflow

Rent − PITIA

$-1,663
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,344

Mortgage (P+I)
$4,551
Cap Rate
1.61%
Cash-on-Cash
-22.30%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$8,393

NOI (Annual)
$14,478
Price-to-Rent

Lower = better for investors

18.5

* 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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