831 Hickory Ct.
Atop 10%Imperial Beach, CA 91932
Pass at asking: -$2,823/mo full cashflow at 20% down, 7.43% rate.
Works at $431,373 (46% under asking), or at 71% down.
Rent $4,303/mo from 9 leases of 3-bed houses within 1 mi ($3,695–$4,621).
Beds
3
Baths
3
Sqft
1,420
Year Built
1958
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026498SD
This property is in Imperial Beach (91932). Browse neighborhood analytics →
About This Property
THIS IS THE ONE YOU NEED TO SEE IN PERSON!** One of the BEST VALUES in Imperial Beach, offering a rare combination of SIZE, LAYOUT, LOCATION, and PAID-OFF SOLAR! Some homes simply have more to offer than photos can capture, and this is one of them! THREE bedrooms, THREE FULL bathrooms, including TWO EN-SUITE BEDROOMS!** A floor plan this functional is incredibly hard to find, especially in a single-story coastal home! From the generously sized primary suite to the flexible living spaces, this home offers the kind of room and versatility you don't fully appreciate until you walk through the door. The beautifully updated kitchen brings a fresh, modern feel to the home, complemented by light, neutral interiors ready for your personal style. A dedicated mudroom and laundry area, incredible storage throughout, and PAID-OFF SOLAR make this home as practical as it is appealing. And just wait until you see the backyard! Mature palm trees, spacious covered patios, storage sheds, and plenty of room to entertain, unwind, or create your own coastal oasis. There's space to enjoy today and even more potential to make it your own! THE SPACE IS HERE. THE LAYOUT IS RARE. THE VALUE IS REAL. With major improvements already in place and a location just minutes from the beach, Imperial Beach Pier, parks, dining, and everything that makes coastal living so desirable, this is an opportunity that deserves a closer look. Don't just scroll past this one. Come experience the space, appreciate the layout, and see for yourself why this home stands out from the rest!
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Est. Monthly Payment
$5,471
Location
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Comparable Properties
5 comps foundThis Property
$4,303
Comp Average
$4,057
1325 5th St
3bd / 2ba · 1,344 sqft · Single Family
$819K
Est. $4,220/mo
1224 Louden Lane
3bd / 2ba · 1,353 sqft · Single Family
$959K
Est. $4,223/mo
1211 9th St
3bd / 2ba · 1,188 sqft · Single Family
$850K
Est. $3,539/mo
1250 Connecticut St
3bd / 2ba · 1,413 sqft · Single Family
$998K
Est. $4,174/mo
302 Calla Avenue
3bd / 2ba · 1,300 sqft · Single Family
$1.01M
Est. $4,131/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 3-bed houses within 1 mi · $3,695–$4,621
Blended 50/50 with the zip's market median ($4,197)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,823/mo short at 20% down; 71% down or +$3,667/mo rent closes it.
- Break-even price
- $431,373
- Break-even rent
- $7,970/mo
- Cashflow at 35% down
- −$1,991/mo
- Down payment to break even
- 71%
- Rate to break even
- Not reachable
46% under asking
$3,667/mo above the estimate
$567,290 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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