10575 Canyon Lake Dr
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10575 Canyon Lake Dr

D

Scripps Ranch, CA 92131

$1,425,000
NEW — 3d

Soft Appraisal Value: $1,460,400 · 2.4% below estimate

Beds

4

Baths

3

Sqft

2,264

Year Built

1972

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009238SD

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

About This Property

Don’t miss this incredible opportunity to own a quintessential Scripps Ranch home featuring one of the community’s most popular floor plans. This 4-bedroom, 3-bathroom home offers approximately 2,264 square feet, including a highly desirable ground-level bedroom and full bath. Ready for rejuvenation, the property presents endless possibilities to modernize the interior and reimagine the outdoor living spaces—an ideal chance to create a true STANDOUT in a prime location. The spacious layout includes a large living room with a dual-sided fireplace that flows into the generous family room, complete with a wet bar and sliding doors to the backyard. Additional highlights include well-sized bedrooms, a separate dining room, and a 2-car garage with laundry area. Situated on a quiet cul-de-sac street, the home is conveniently located near Hoyt Park, top-rated schools, and the Scripps Ranch Marketplace with shopping, dining, and everyday services. Enjoy a vibrant community known for its events, including the 4th of July parade and the popular Symphony in the Park summer concert series at Hoyt Park. No HOA or Mello-Roos fees.

Mortgage Calculator

Est. Monthly Payment

$9,046

Principal & Interest$7,206
Property Tax$1,425
Insurance$416
%($285,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$4,708
Monthly Cashflow

Rent − PITIA

$-4,339
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,609

Mortgage (P+I)
$7,206
Cap Rate
0.50%
Cash-on-Cash
-27.83%
DSCR

Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$13,291

NOI (Annual)
$7,160
Price-to-Rent

Lower = better for investors

25.2

* 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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