9705 Mesa Springs Way
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9705 Mesa Springs Way #Unit 224

D

San Diego, CA 92126

$419,900

Soft Appraisal Value: $414,400 · 1.3% above estimate

Beds

1

Baths

1

Sqft

772

Year Built

1985

Days on Market

41

Property Type

Condo

HOA/mo

$546

MLS ID

260004809SD

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

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About This Property

Experience resort-style living in the heart of Scripps Ranch with this beautifully updated top-floor corner condo. Offering exceptional privacy with only one shared wall and no neighbors above, this 1 bedroom, 1 bathroom home spans 772 square feet of bright, open living space. Enjoy peaceful mornings or relaxing evenings on your large private balcony overlooking tranquil ponds, gentle running streams, and lush mature landscaping creating the perfect backdrop for your own private retreat. Inside, the home has been freshly painted and features brand new luxury vinyl plank flooring throughout. The modern kitchen shines with new quartz countertops, a new range and microwave, and recessed lighting that complements the open-concept design. A cozy fireplace anchors the living room, adding warmth and charm to the inviting space. The bathroom includes convenient in-unit laundry, adding everyday ease and functionality. Located in one of Scripps Ranch’s most desirable communities, this condo offers an ideal combination of comfort, style, and serenity all just minutes from top rated schools, shopping, dining, and easy freeway access. Perfect for first-time buyers, downsizers, or investors seeking a move-in ready home in a prime location.

Mortgage Calculator

Est. Monthly Payment

$3,212

Principal & Interest$2,123
Property Tax$420
Insurance$122
HOA$546
%($83,980)
%

Location

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Investment Score

3D
Est. Monthly Rent
$2,391
Monthly Cashflow

Rent − PITIA

$-820
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,720

Mortgage (P+I)
$2,123
Cap Rate
1.15%
Cash-on-Cash
-24.58%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$4,625

NOI (Annual)
$4,839
Price-to-Rent

Lower = better for investors

14.6

* 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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