
8960 Capcano Rd
Ctop 80%San Diego, CA 92126
One license per person in San Diego: whether you can hold it depends on you, not only the home.
6 licensed short-term rentals within ½ mile (1 whole home), from the cities' license and permit lists of Nov 11, 2026.
1 of the 38 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: -$4,935/mo full cashflow at 20% down, 7.43% rate.
Works at $406,351 (61% under asking), or at 88% down.
Rent $4,259/mo from 10 leases of 3–5 bed condos & townhomes within 2 mi ($3,876–$4,145).
Beds
4
Baths
2.5
Sqft
1,614
Year Built
1977
Days on Market
0
Property Type
Townhouse
HOA/mo
$158
MLS ID
260026786SD
This property is in San Diego (92126). View neighborhood stats →
About This Property
Wake up to the canyon. From the primary bedroom, your first look of the day is open hillside, with the Los Peñasquitos Canyon Preserve just beyond your back fence. Grab your coffee and step out under the pergola, where the gentle sound of a waterfall spilling into the fish pond sets the pace for the day. Lace up, and miles of trails are practically at your doorstep. Back inside, the view follows you. The window over the kitchen sink looks straight out over the canyon, so even weeknight dinners on the gas range come with a backdrop. The north-facing yard brings soft, even light all day and keeps the patio comfortable on warm afternoons. On cool evenings, the fireplace pulls everyone into the living room. On warm ones, the dining area opens right onto the patio for long dinners outside. Tucked into Valley Crest in north Mira Mesa, this is the rare townhome with a private yard you’ll actually use. Weekends bring the solar-heated pool, pickleball and basketball courts, and pocket parks, all for HOA dues of just $158/month. Leased solar helps keep energy bills in check, the roof was replaced in 2020, and there’s an attached two-car garage, with major employers and the I-15 close by.
Mortgage Calculator
Est. Monthly Payment
$7,341
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.
Comparable Properties
5 comps foundThis Property
$4,259
Comp Average
$4,125
11595 Compass Dr Drive
4bd / 2.5ba · 1,733 sqft · Condo
$990K
Est. $4,218/mo
11333 Zapata Avenue
4bd / 3.5ba · 2,017 sqft · Townhouse
$1.05M
Est. $4,556/mo
14535 Dunleer Way
3bd / 2.5ba · 1,625 sqft · Condo
$1.03M
Est. $4,168/mo
14517 Dunleer Way
3bd / 2ba · 1,609 sqft · Condo
$924K
Est. $3,785/mo
11249 Caminito Rodar
3bd / 2.5ba · 1,791 sqft · Townhouse
$1.14M
Est. $3,898/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 3–5 bed condos & townhomes within 2 mi · $3,876–$4,145
Blended 50/50 with the zip's market median ($4,493)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,935/mo short at 20% down; 88% down or +$6,410/mo rent closes it.
- Break-even price
- $406,351
- Break-even rent
- $10,669/mo
- Cashflow at 35% down
- −$3,843/mo
- Down payment to break even
- 88%
- Rate to break even
- Not reachable
61% under asking
$6,410/mo above the estimate
$923,120 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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