7557 Dancy

7557 Dancy

Ctop 80%

San Diego, CA 92126

$1,050,000
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.

8 licensed short-term rentals within ½ mile (4 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$4,346/mo full cashflow at 20% down, 7.36% rate.

Works at $481,363 (54% under asking), or at 81% down.

Rent $4,777/mo from 10 leases of 3–5 bed houses within 1 mi ($4,511–$4,735).

Beds

4

Baths

2.5

Sqft

1,804

Year Built

1986

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026920SD

This property is in San Diego (92126). View neighborhood stats →

About This Property

Investor Opportunity! Spacious Two-Story Fixer-upper with Potential Conveniently located near shopping, restaurants, schools, parks, and Sorrento Valley, this spacious two-story home presents an excellent opportunity to bring your vision and creativity to make it your own. The inviting interior features a ceramic tile entry, while the living and dining rooms showcase wood flooring and vaulted ceilings that create an open, airy feel. The eat-in kitchen offers ceramic tile flooring and countertops, providing a functional space ready for your personal updates. The family room features wood flooring, recessed lighting, and a cozy fireplace.

Mortgage Calculator

Est. Monthly Payment

$7,149

Principal & Interest$5,793
Property Tax$1,050
Insurance$306
%($210,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Jonas Salk Elementary · grades K-5 · San Diego Unified

  • Middle

    Challenger Middle · grades 6-8 · San Diego Unified

  • High

    Mira Mesa High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Renovation math

Flagged Fixer from the listing remarks — “fixer-upper”, “fixer”, “bring your vision”.

Asking now
$1.05M

$582/sqft

Worth finished
$1.18M

$656/sqft × 1,804 sqft

Budget to renovate
$133,194

$74/sqft to spend

Comparable finished homes nearby suggest this is worth $1.18M once it's brought to par — about $133,194 above the asking price. That spread is your renovation budget before the deal stops working.

Rent once renovated

Rent at par
$4,645/mo

$2.57/sqft × 1,804 sqft, median of 5 comps

Cashflow at that rent
−$4,447/mo

cap rate 1.80%, DSCR 0.65

Heads up: the rent estimate elsewhere on this page ($4,777/mo) is above what comparable finished homes here support. A home that needs work does not out-rent them, so treat $4,645/mo as the ceiling.

Buying at asking and achieving par rent, excluding the renovation spend itself. We don't publish a current-condition rent: no listing remark says how much work a home needs, and mid-renovation it earns nothing.

Based on 5 comparable homes of the same property type and size currently listed nearby — asking prices and modelled rents, not closed sales. A contractor's scope, not this page, decides what a renovation actually costs.

Investment Score

26C
Est. Monthly Rent
$4,777

10 leases of 3–5 bed houses within 1 mi · $4,511–$4,735

Blended 50/50 with the zip's market median ($5,009)

Monthly Cashflow

Rent − PITIA

-$2,372
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,346

What would make this work?

$4,346/mo short at 20% down; 81% down or +$5,644/mo rent closes it.

Break-even price

54% under asking

$481,363
Break-even rent

$5,644/mo above the estimate

$10,421/mo
Cashflow at 35% down
−$3,260/mo
Down payment to break even

$850,500 cash

81%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,793
Cap Rate
1.93%
Cash-on-Cash
-24.83%
DSCR

Need ≥ 1.25 for DSCR loan

0.67

NOI (Annual)
$20,234
Price-to-Rent

Lower = better for investors

18.3

* Modelled at 20% down, 7.36% 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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CCashflow−$4,346/mo