8301 Rio San Diego Dr #7
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8301 Rio San Diego Dr #7

Ctop 80%

San Diego, CA 92108

$1,050,000
STR: check · no permits in this complex · TOT 12.75%

4 licensed short-term rentals within ½ mile (2 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 56-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$4,639/mo full cashflow at 20% down, 7.36% rate.

Works at $442,991 (58% under asking), or at 85% down.

Rent $4,799/mo from 12 leases of 2–4 bed condos & townhomes within 0.5 mi, same school area ($4,439–$5,528).

Beds

3

Baths

2.5

Sqft

2,102

Year Built

2005

Days on Market

143

Property Type

Condo

HOA/mo

$310

MLS ID

260015112SD

This property is in San Diego (92108). View neighborhood stats →

About This Property

Welcome to your newly remodeled townhome in the heart of Mission Valley! This spacious 3 bedroom, 2.5 bathroom home combines modern upgrades with an unbeatable central San Diego location. Just minutes from shopping, dining, entertainment, and the beach, you'll enjoy the convenience of urban living with the best of San Diego right at your doorstep. Inside, you'll find a thoughtfully designed home featuring three beautifully remodeled bathrooms and a brand-new kitchen with quartz countertops, sleek cabinetry, and all new stainless steel appliances. A private elevator provides easy access between levels, offering a rare convenience not often found in townhome living. Every detail has been designed for comfort and modern living. Philips Hue smart lighting throughout allows you to customize your ambiance with ease, while a brand-new whole-home water filtration system provides added peace of mind. With its stylish finishes, spacious layout, and central location, this home is truly move-in ready and perfect for those seeking both convenience and contemporary living.

Mortgage Calculator

Est. Monthly Payment

$7,459

Principal & Interest$5,793
Property Tax$1,050
Insurance$306
HOA$310
%($210,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Nipaquay Elementary · grades K-5 · San Diego Unified

  • Middle

    Taft Middle · grades 6-8 · San Diego Unified

  • High

    Kearny Digital Media & Design · grades 9-12 · San Diego Unified

    or Kearny School of Biomedical Science and Technology · grades 9-12 · San Diego Unified

    or Kearny College Connections · grades 9-12 · San Diego Unified

    or Kearny Eng Innov & Design · grades 9-12 · San Diego Unified

    Choice area: the district lets families here pick either school.

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

20C
Est. Monthly Rent
$4,799

12 leases of 2–4 bed condos & townhomes within 0.5 mi, same school area · $4,439–$5,528

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,660
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,639

What would make this work?

$4,639/mo short at 20% down; 85% down or +$6,024/mo rent closes it.

Break-even price

58% under asking

$442,991
Break-even rent

$6,024/mo above the estimate

$10,823/mo
Cashflow at 35% down
−$3,553/mo
Down payment to break even

$892,500 cash

85%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,793
Cap Rate
1.59%
Cash-on-Cash
-26.51%
DSCR

Need ≥ 1.25 for DSCR loan

0.64

NOI (Annual)
$16,730
Price-to-Rent

Lower = better for investors

18.2

* 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.

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CCashflow−$4,639/mo