Address not disclosed · San Diego
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Address not disclosed · San Diego

Btop 30%

San Diego, CA 92108

$515,000
NEW — 0d
STR: check · HOA rules unknown · TOT 12.75%

4 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 5, 2026.

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$2,478/mo full cashflow at 20% down, 7.49% rate.

Works at $193,714 (62% under asking), or at 89% down.

Rent $2,687/mo from 14 leases of 1–3 bed condos & townhomes within 0.5 mi ($2,336–$2,766).

Beds

2

Baths

2

Sqft

878

Year Built

1979

Days on Market

0

Property Type

Condo

HOA/mo

$575

MLS ID

260026305SD

This property is in San Diego (92108). View neighborhood stats →

About This Property

Welcome to Mission Verde, Unit 209, a beautifully upgraded 2-bedroom, 2-bathroom condo in the desirable Nazareth Park neighborhood of Mission Valley, offering comfort, style, and convenience in a central San Diego location. *** This inviting home features a renovated kitchen with granite countertops, stainless steel appliances, an undermount sink, and updated fixtures. The spacious, light-filled living area opens to a private balcony, perfect for enjoying San Diego's beautiful weather. Additional improvements include newer carpeting, updated lighting, fresh interior paint, and central air conditioning installed approximately 4 years ago. *** Mission Verde offers resort-style amenities, including a sparkling pool, relaxing spa, tennis and basketball courts, clubhouse, and BBQ areas. Whether relaxing poolside or gathering with friends, there's plenty to enjoy in this welcoming community. *** The location is equally appealing! Just minutes from SDSU, Snapdragon Stadium, and the shopping, dining, and entertainment of Mission Valley and Fashion Valley. Nearby public transit and convenient access to I-8 and I-15 make getting around San Diego a breeze. *** With tasteful upgrades, inviting living spaces, excellent community amenities, and a convenient central location, this Mission Verde condo is ready to welcome you home!

Mortgage Calculator

Est. Monthly Payment

$4,118

Principal & Interest$2,878
Property Tax$515
Insurance$150
HOA$575
%($103,000)
%
Loan Term

Location

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Investment Score

38B
Est. Monthly Rent
$2,687

14 leases of 1–3 bed condos & townhomes within 0.5 mi · $2,336–$2,766

Blended 50/50 with the zip's market median ($2,903)

Monthly Cashflow

Rent − PITIA

-$1,431
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,478

What would make this work?

$2,478/mo short at 20% down; 89% down or +$3,218/mo rent closes it.

Break-even price

62% under asking

$193,714
Break-even rent

$3,218/mo above the estimate

$5,905/mo
Cashflow at 35% down
−$1,939/mo
Down payment to break even

$458,350 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,878
Cap Rate
1.24%
Cash-on-Cash
-28.87%
DSCR

Need ≥ 1.25 for DSCR loan

0.65

NOI (Annual)
$6,410
Price-to-Rent

Lower = better for investors

16.0

* Modelled at 20% down, 7.49% 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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BCashflow−$2,478/mo