7838 Hendricks
Ctop 80%San Diego, CA 92126
One license per person in San Diego: whether you can hold it depends on you, not only the home.
9 licensed short-term rentals within ½ mile (6 whole home), from the cities' license and permit lists of Nov 6, 2026.
Pass at asking: -$4,283/mo full cashflow at 20% down, 7.43% rate.
Works at $392,354 (59% under asking), or at 85% down.
Rent $3,913/mo from 8 leases of 2–4 bed houses within 1 mi ($4,053–$4,277).
Beds
3
Baths
2
Sqft
1,438
Year Built
1983
Days on Market
33
Property Type
Single Family
HOA/mo
N/A
MLS ID
260023086SD
This property is in San Diego (92126). View neighborhood stats →
About This Property
Welcome to 7838 Hendricks Drive, a single-story home ideally situated in the heart of Mira Mesa. This 3 bedroom, 2 bath residence combines a functional floor plan with a generously sized lot and an attached 2 car garage. The single-level layout provides comfortable everyday living with plenty of opportunity to personalize the home and make it your own. Outside, the spacious property offers room to enjoy San Diego's year round outdoor lifestyle, whether you're looking to create an entertaining area, garden, play space, or private backyard retreat. Conveniently located near neighborhood schools, shopping, dining, recreation and major commuter routes, 7838 Hendricks Drive offers the combination of location, space and single-story living that makes Mira Mesa such a desirable San Diego community.
Mortgage Calculator
Est. Monthly Payment
$6,505
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.
Comparable Properties
5 comps foundThis Property
$3,913
Comp Average
$4,074
10336 Greenford
4bd / 2ba · 1,320 sqft · Single Family
$949K
Est. $4,360/mo
San Diego
3bd / 2ba · 1,196 sqft · Single Family
$939K
Est. $3,748/mo
10211 Saluda Ave
3bd / 2ba · 1,525 sqft · Single Family
$1.02M
Est. $4,201/mo
10581 Penridge Street
3bd / 2.5ba · 1,462 sqft · Single Family
$1.15M
Est. $4,169/mo
7657 Caffey
3bd / 2ba · 1,266 sqft · Single Family
$1.10M
Est. $3,893/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 2–4 bed houses within 1 mi · $4,053–$4,277
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,283/mo short at 20% down; 85% down or +$5,563/mo rent closes it.
- Break-even price
- $392,354
- Break-even rent
- $9,476/mo
- Cashflow at 35% down
- −$3,294/mo
- Down payment to break even
- 85%
- Rate to break even
- Not reachable
59% under asking
$5,563/mo above the estimate
$807,500 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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