8843 Corvus Place
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8843 Corvus Place

Ctop 80%

San Diego, CA 92126

$1,349,999
NEW — 1d
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

16 licensed short-term rentals within ½ mile (12 whole home), from the cities' license and permit lists of Nov 13, 2026.

1 of the 77 homes on this home's recorded tract holds a short-term rental license, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).

Pass at asking: -$6,457/mo full cashflow at 20% down, 7.36% rate.

Works at $505,170 (63% under asking), or at 90% down.

Rent $5,064/mo from 17 leases of 4–6 bed houses within 1 mi ($4,460–$5,319).

Beds

5

Baths

4

Sqft

2,255

Year Built

1972

Days on Market

1

Property Type

Single Family

HOA/mo

$39

MLS ID

260026857SD

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

About This Property

Tucked away at the end of a peaceful, low-traffic cul-de-sac, this beautifully renovated, turn-key residence offers modern style, complete peace of mind, and an unbeatable location. Every detail has been thoughtfully updated from top to bottom, allowing you to move right in and start enjoying the San Diego lifestyle on day one. Upgrades include: New electric panel, New Heating and Cooling, New Duct Work, LVP Flooring, New Windows Turf / French Drain Systems, 2 pantries, New appliances, LVP flooring and Quartz countertops. Walking distance to Ericson Elementary & Mesa Viking Neighborhood Park. This Home Also Features a Community Pool for summer fun !

Mortgage Calculator

Est. Monthly Payment

$9,231

Principal & Interest$7,448
Property Tax$1,350
Insurance$394
HOA$39
%($270,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Ericson Elementary · grades PK-5 · San Diego Unified

  • Middle

    Wangenheim Middle · grades 6-8 · San Diego Unified

  • High

    Mira Mesa High · grades 9-12 · San Diego Unified

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

11C
Est. Monthly Rent
$5,064

17 leases of 4–6 bed houses within 1 mi · $4,460–$5,319

Blended 50/50 with the zip's market median ($5,279)

Monthly Cashflow

Rent − PITIA

-$4,167
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,457

What would make this work?

$6,457/mo short at 20% down; 90% down or +$8,386/mo rent closes it.

Break-even price

63% under asking

$505,170
Break-even rent

$8,386/mo above the estimate

$13,450/mo
Cashflow at 35% down
−$5,060/mo
Down payment to break even

$1,214,999 cash

90%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,448
Cap Rate
1.11%
Cash-on-Cash
-28.70%
DSCR

Need ≥ 1.25 for DSCR loan

0.55

NOI (Annual)
$14,934
Price-to-Rent

Lower = better for investors

22.2

* 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−$6,457/mo