10424 Ridgewater Ln
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10424 Ridgewater Ln

C

Scripps Ranch, CA 92131

$849,000
NEW — 1d

Soft Appraisal Value: $840,800 · 1.0% above estimate

Beds

3

Baths

3

Sqft

1,668

Year Built

1982

Days on Market

1

Property Type

Townhouse

HOA/mo

$542

MLS ID

260012250SD

This property is in Scripps Ranch (92131). View neighborhood stats →

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About This Property

Highly sought after 3-bedroom, 3-bath residence tucked within the scenic enclave of Scripps Ranch. Offering the feel of a detached home with an attached 2-car garage and private patio, this inviting floor plan showcases soaring ceilings, generous living spaces, and a warm brick fireplace that creates a welcoming focal point in the family room. The thoughtfully designed layout includes a full bedroom and bathroom on the main level, ideal for guests, extended family, or a private office setup. Upstairs, the light-filled primary retreat features its own private balcony along with a spacious ensuite bath complete with dual vanities, abundant storage, and a walk-in shower. A separate laundry room with extensive shelving adds everyday practicality. Residents enjoy access to resort-style community amenities including lush greenbelts, pool, spa, tennis and pickleball courts, recreation room, and ample guest parking. Ideally positioned near Lake Miramar, the Scripps Miramar Ranch Library, shopping, dining, and award-winning Miramar Ranch Elementary School, this is an exceptional opportunity to enjoy the very best of Scripps Ranch living.

Mortgage Calculator

Est. Monthly Payment

$5,932

Principal & Interest$4,293
Property Tax$849
Insurance$248
HOA$542
%($169,800)
%

Location

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Investment Score

44C
Est. Monthly Rent
$4,899
Monthly Cashflow

Rent − PITIA

$-1,033
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,867

Mortgage (P+I)
$4,293
Cap Rate
2.02%
Cash-on-Cash
-20.26%
DSCR

Need ≥ 1.25 for DSCR loan

0.83
Break-even Rent
$8,623

NOI (Annual)
$17,109
Price-to-Rent

Lower = better for investors

14.4

* 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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