7851 Parma Lane

7851 Parma Lane

D

San Diego, CA 92126

$1,128,000
NEW — 4d on market

Beds

4

Baths

2

Sqft

1,894

Year Built

1972

Days on Market

4

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2601922

Description

Welcome to Mira Mesa Verde! Tucked away on a quiet cul-de-sac, this 4-bedroom, 2-bath home offers 1,894 sq ft of open-concept living on a 0.17-acre lot with expansive canyon and hillside views and no neighbors behind. The home features oversized living spaces, including a generous Family room with a wood-burning fireplace and a formal living/dining area ideal for gatherings. The spacious primary suite measures approximately 16x16 and includes a private bath. The remodeled kitchen (2017) is the heart of the home and designed for everyday living and entertaining. It features Kenmore Elite appliances, mahogany cabinetry with soft-close drawers, granite countertops, custom ceiling-height cabinets with lazy Susan storage, island seating, a graphite vessel sink, skylights, a large walk-in pantry, spice ledge, and a 5-burner gas cooktop with oven. Additional highlights include Andersen windows and French doors, newer exterior paint, new carpeting, workshop space, double side gates, and ample room for a potential ADU. The private backyard captures the surrounding views and offers excellent outdoor enjoyment. Conveniently located within walking distance to elementary and middle schools. No HOA or Mello-Roos

Mortgage Calculator

Est. Monthly Payment

$7,161

Principal & Interest$5,704
Property Tax$1,128
Insurance$329
%($225,600)
%

Investment Score

5D
Est. Monthly Rent

Market Rent Estimate

$4,219
Monthly Cashflow

Rent − PITI − HOA

$-2,942
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,852

Mortgage (P+I)
$5,704
Cap Rate
0.91%
Cash-on-Cash
-15.65%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$7,161

NOI (Annual)
$10,220
Price-to-Rent

Lower = better for investors

22.3

* Defaults: 20% down, 6.5% rate, 30yr.

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