8688 New Salem St
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8688 New Salem St #183

C

San Diego, CA 92126

$625,000
NEW — 5d

Soft Appraisal Value: $617,300 · 1.2% above estimate

Beds

2

Baths

2

Sqft

831

Year Built

1992

Days on Market

5

Property Type

Condo

HOA/mo

$408

MLS ID

260016189SD

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

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About This Property

Newly Remodeled & Move-In Ready in the Gated Mirabella Community! Don't miss this rare opportunity to own a beautifully upgraded 2-bedroom, 2-bathroom condo in the highly desirable gated community of Mirabella in the heart of Mira Mesa. This turnkey home features luxury vinyl wood plank flooring, fresh interior paint, recessed lighting, new white cabinetry, countertops, stylish lighting and fixtures. The kitchen showcasing quartz countertops, a tiled backsplash and stainless steel appliances. The thoughtfully designed floor plan offers two private primary suites, making it ideal for roommates, guests, or a home office. Enjoy the convenience of full-size in-unit laundry and a spacious private balcony perfect for relaxing or entertaining. Resort-style community amenities include a sparkling pool, spa, and fully equipped fitness center. Two assigned underground parking spaces provide added convenience and security. Ideally located just minutes from shopping, dining, parks, UCSD, major employers, and easy access to I-15 and I-805, this exceptional home combines modern style, everyday comfort, and an unbeatable location.

Mortgage Calculator

Est. Monthly Payment

$4,376

Principal & Interest$3,160
Property Tax$625
Insurance$182
HOA$408
%($125,000)
%

Location

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Investment Score

28D
Est. Monthly Rent
$2,686
Monthly Cashflow

Rent − PITIA

$-1,689
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,828

Mortgage (P+I)
$3,160
Cap Rate
0.64%
Cash-on-Cash
-27.15%
DSCR

Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$6,359

NOI (Annual)
$3,989
Price-to-Rent

Lower = better for investors

19.4

* 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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