8476 New Salem
1 / 19

8476 New Salem #78

C

San Diego, CA 92126

$439,900

Soft Appraisal Value: $440,500 · 0.1% below estimate

Beds

1

Baths

1

Sqft

572

Year Built

1985

Days on Market

9

Property Type

Condo

HOA/mo

$485

MLS ID

260013149SD

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

About This Property

Welcome to this charming and move-in ready 1-bedroom,1-bath with private balcony condo located in the heart of highly desirable Mira Mesa. This bright upper level home offers an efficient open floor plan with approximately 572 square feet of comfortable living space, perfect for first-time buyers, downsizes, or investors. The living area flows seamlessly into the dining space and kitchen, creating a functional and inviting layout.Spacious bedroom with ample closet space. Private bathroom with updated fixtures. The washer and dryer in the unit. Assisted parking and well maintained community amenities. Enjoy an unbelievable central San Diego location just minutes from shopping, dining, parks, major freeway, Sorrento Valley, Qualcomm, UTC, and beautiful beaches, Low-maintenance living with excellent rental potential. A fantastic opportunity to own in one of San Diego’s most sought-after neighborhood at an affordable price. Don’t miss this one!!!

Mortgage Calculator

Est. Monthly Payment

$3,278

Principal & Interest$2,224
Property Tax$440
Insurance$128
HOA$485
%($87,980)
%

Location

Loading map...

Investment Score

38C
Est. Monthly Rent
$2,209
Monthly Cashflow

Rent − PITIA

$-1,068
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,943

Mortgage (P+I)
$2,224
Cap Rate
0.77%
Cash-on-Cash
-26.50%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$4,732

NOI (Annual)
$3,377
Price-to-Rent

Lower = better for investors

16.6

* 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.

Get Expert AnalysisOpen Full Calculator