7986 Merrington Pl
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7986 Merrington Pl

D

San Diego, CA 92126

$1,195,000
NEW — 2d

Soft Appraisal Value: $1,181,000 · 1.2% above estimate

Beds

4

Baths

2.5

Sqft

2,138

Year Built

1976

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009139SD

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

About This Property

Welcome to this Executive Family Retreat and Rare opportunity to own a spacious 4-bedroom plus loft residence in the highly sought after neighborhood of North West Mira Mesa! This sprawling 2,138 sq. ft. open floor plan home is light and bright and offers the perfect footprint for a growing family or a multi-generational living setup. Situated on a private Cul De Sac, the 6,300 sq. ft. lot, with gorgeous pool, offers ample room for outdoor entertaining, gardening, and enjoying your own backyard oasis. Enjoy the convenience of being walking distance to top-rated schools and minutes away from the vibrant dining and shopping centers of Mira Mesa Boulevard. Merrington Place is also close to Penasquitos Canyon and the trailheads that make up miles of trails to hike, bike, or ride horses. With its central location near major tech employers and easy freeway access, this home perfectly balances suburban tranquility with urban accessibility. Check the confidential remarks for a list of all the recent upgrades.

Mortgage Calculator

Est. Monthly Payment

$7,586

Principal & Interest$6,043
Property Tax$1,195
Insurance$349
%($239,000)
%

Location

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Investment Score

16D
Est. Monthly Rent
$4,981
Monthly Cashflow

Rent − PITIA

$-2,606
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,747

Mortgage (P+I)
$6,043
Cap Rate
1.30%
Cash-on-Cash
-23.83%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$11,146

NOI (Annual)
$15,546
Price-to-Rent

Lower = better for investors

20.0

* 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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