7865 Hemingway Ave.

7865 Hemingway Ave.

Ctop 80%

San Diego, CA 92120

$1,399,000
NEW — 1d
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.

14 licensed short-term rentals within ½ mile (9 whole home), from the cities' license and permit lists of Nov 14, 2026.

Pass at asking: -$6,653/mo full cashflow at 20% down, 7.36% rate.

Works at $528,484 (62% under asking), or at 89% down.

Rent $5,245/mo from 12 leases of 3–5 bed houses within 2 mi ($5,041–$5,568).

Beds

4

Baths

2

Sqft

2,052

Year Built

1971

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260027043SD

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

About This Property

Light and bright, single-level Vista Del Cerro home with outstanding mountain views! Beautiful wood floors and fresh interior paint create a warm, welcoming feel throughout. The spacious floor plan features vaulted ceilings in the living and dining rooms, adding to the home's open and airy atmosphere. The kitchen overlooks the backyard and takes advantage of the beautiful views, while the adjacent family room features a cozy fireplace and direct backyard access, creating an ideal setting for everyday living and entertaining. The spacious primary suite includes a walk-in closet and separate tub and shower. Additional highlights include an indoor laundry room, a three-car garage, and solar panels for added energy savings. Enjoy breathtaking mountain views from the backyard, which features a large grassy lawn with plenty of room to relax, entertain, or play. Ideally located within walking distance of highly rated Dailard Elementary, Patrick Henry High School, and Dailard Park. A fantastic opportunity in Vista Del Cerro offering space, views, and an ideal location. A great value and a true must-see!

Mortgage Calculator

Est. Monthly Payment

$9,526

Principal & Interest$7,719
Property Tax$1,399
Insurance$408
%($279,800)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Dailard Elementary · grades K-5 · San Diego Unified

  • Middle

    Pershing Middle · grades 6-8 · San Diego Unified

  • High

    Henry 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.

Investment Score

11C
Est. Monthly Rent
$5,245

12 leases of 3–5 bed houses within 2 mi · $5,041–$5,568

Blended 50/50 with the zip's market median ($5,221)

Monthly Cashflow

Rent − PITIA

-$4,281
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,653

What would make this work?

$6,653/mo short at 20% down; 89% down or +$8,640/mo rent closes it.

Break-even price

62% under asking

$528,484
Break-even rent

$8,640/mo above the estimate

$13,885/mo
Cashflow at 35% down
−$5,206/mo
Down payment to break even

$1,245,110 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,719
Cap Rate
1.14%
Cash-on-Cash
-28.53%
DSCR

Need ≥ 1.25 for DSCR loan

0.55

NOI (Annual)
$15,937
Price-to-Rent

Lower = better for investors

22.2

* 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.

Open Full Calculator
CCashflow−$6,653/mo