8960 Capcano Rd
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8960 Capcano Rd

Ctop 80%

San Diego, CA 92126

$1,049,000
NEW — 0d
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.

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

Principal & Interest$5,828
Property Tax$1,049
Insurance$306
HOA$158
%($209,800)
%
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

13C
Est. Monthly Rent
$4,259

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)

Monthly Cashflow

Rent − PITIA

-$3,082
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,935

What would make this work?

$4,935/mo short at 20% down; 88% down or +$6,410/mo rent closes it.

Break-even price

61% under asking

$406,351
Break-even rent

$6,410/mo above the estimate

$10,669/mo
Cashflow at 35% down
−$3,843/mo
Down payment to break even

$923,120 cash

88%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,828
Cap Rate
1.26%
Cash-on-Cash
-28.23%
DSCR

Need ≥ 1.25 for DSCR loan

0.58

NOI (Annual)
$13,263
Price-to-Rent

Lower = better for investors

20.5

* 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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CCashflow−$4,935/mo