Condo Investment Under $100,000 in National City
Hi People. This is a good Condo Investment Under $100,000 in National City. Actually, the asking price is only $95,000. It's at 801 National City Blvd #213. It is a 1 bed, 1 bath condo.
Now, there are a lot of inexpensive condos in National City and The surrounding San Diego area. What makes this Condo Investment Under $100,000 in National City such a great deal?
Well, first off is the view, sweeping from the harbor, to the Coronado Bridge and all of Down Town. The ships rolling in and out and the night lights are something to behold.
Then you have the location. Right in the famous National City Historic District and adjacent to the South Bay Naval Base (Makes it super easy to rent). Walking distance to restaurants, schools, parks and the trolley make it superb for a rental or a cute little home for yourself. Speaking of trolley, it will take you approximately 5 minutes to get to Petco park and the Gaslamp District of Down Town. Oh, and right across the street is the Higher Education Center at National City. Students and naval personnel make great owners/ renters.
Then you have the unit it self. It comes completely furnished. Completely FURNISHED. Highly upgraded with granite counters and stainless steal appliances. Everything done high end. This place is sweet.
All of that stuff is nice. But the biggest reason this Condo Investment Under $100,000 in National City is such a good investment is the numbers.
The asking price is $95,000. With a down payment of 20% or $19,000 your monthly payment, including principle, interest, taxes and HOA (Insurance is paid by HOA) would be $822. If you went FHA (Owner occupied only) your 3.5% down payment would be $3,325 and your monthly payment would be $858. For military and veterans using a V.A. loan (No money down) your payment is $876 a month.
Now, the cherry on top for this Condo Investment Under $100,000 in National City. They rent for $995 a month. Don't take my word for it. Go to www.rentometer.comand see for your self. There isn't too many places in San Diego county that you can invest that little and still get a solid positive return on your money. There are even fewer places that you can buy that are this nice/ convenient/ desirable that will make you money.
This listing is Becky Green's, 619-251-3447, and she is my sister and a great Presidio Alliance Realtor. Contact her for Condo Investment Under $100,000 in National Cityor any other properties you may be interested in buying or selling.