8860 Hoffing
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8860 Hoffing

D

San Diego, CA 92123

$1,140,000

Beds

3

Baths

2

Sqft

1,565

Year Built

1958

Days on Market

9

Property Type

Single Family

HOA/mo

N/A

MLS ID

260013114SD

This property is in San Diego (92123). View neighborhood stats →

About This Property

Welcome home to this charming, single-level residence with attached 2-car garage in highly sought-after Serra Mesa. This inviting home features hardwood flooring throughout, an updated kitchen with granite countertops, wood shaker cabinetry, and an abundance of natural light enhanced by skylights throughout. The flexible floor plan includes a formal dining room that could easily serve as a 4th bedroom if desired. A permitted family room addition provides extra living space with a cozy gas fireplace. Enjoy beautifully landscaped front and backyards, updated bathrooms, and a quiet neighborhood setting. Additional improvements include the replacement of the home's cast-iron plumbing in 2022. Conveniently located near shopping, restaurants, Mesa College, and easy freeway access. Combining classic charm with modern updates and a versatile layout, this home offers an exceptional opportunity in one of Serra Mesa's most desirable locations.

Mortgage Calculator

Est. Monthly Payment

$7,237

Principal & Interest$5,764
Property Tax$1,140
Insurance$332
%($228,000)
%

Location

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Investment Score

7D
Est. Monthly Rent
$3,990
Monthly Cashflow

Rent − PITIA

$-3,246
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,114

Mortgage (P+I)
$5,764
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$10,632

NOI (Annual)
$7,804
Price-to-Rent

Lower = better for investors

23.8

* 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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