10950 Ivy Hill Dr #4
Ctop 80%Scripps Ranch, CA 92131
2 licensed short-term rentals within ½ mile (2 whole home), from the cities' license and permit lists of Nov 4, 2026.
No unit in this 19-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$3,452/mo full cashflow at 20% down, 7.49% rate.
Works at $302,385 (60% under asking), or at 86% down.
Rent $3,621/mo from 11 leases of 1–3 bed condos & townhomes within 1 mi ($3,656–$3,875).
Beds
2
Baths
2.5
Sqft
1,288
Year Built
1998
Days on Market
46
Property Type
Townhouse
HOA/mo
$456
MLS ID
260022958SD
This property is in Scripps Ranch (92131). View neighborhood stats →
About This Property
Beautifully updated townhome with 2 bedrooms, 2.5 bathrooms, a private entrance and an attached 2-car garage with direct access to the kitchen, located in the desirable Scripps Ranch community of Ivy Hill! Recent upgrades include a remodeled spacious eat-in kitchen featuring granite countertops, white wood cabinetry and new stainless steel appliances; a new water heater, and luxury vinyl plank flooring in the kitchen, living area and stairs. Enjoy high ceilings throughout and newer dual-pane windows. The main bedroom is a comfortable retreat with a large walk-in closet and an en-suite bathroom featuring granite counters and an upgraded tile shower. The private, fenced patio/yard is perfect for relaxing or entertaining. Community amenities include a pool, spa and BBQ area. Located just a few blocks from top-rated Dingeman Elementary and close to popular dining, shopping and easy freeway access, this move-in ready home is a great opportunity in the heart of Scripps Ranch!
Mortgage Calculator
Est. Monthly Payment
$5,615
Location
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Zoned Schools
Elementary
Dingeman Elementary · grades K-5 · San Diego Unified
Middle
Marshall Middle · grades 6-8 · San Diego Unified
High
Scripps Ranch High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,621
Comp Average
$3,300
10060 Scripps Vista Way
2bd / 2.5ba · 1,216 sqft · Townhouse
$649K
Est. $3,480/mo
10070 Scripps Vista Way
2bd / 2.5ba · 1,216 sqft · Townhouse
$650K
Est. $3,283/mo
10010 Scripps
2bd / 2.5ba · 1,216 sqft · Townhouse
$728K
Est. $3,285/mo
11147 Scripps Ranch Blvd
2bd / 2ba · 1,402 sqft · Townhouse
$849K
Est. $3,356/mo
10855 Scripps Ranch Blvd
2bd / 2.5ba · 1,291 sqft · Townhouse
$848K
Est. $3,095/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 1–3 bed condos & townhomes within 1 mi · $3,656–$3,875
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,452/mo short at 20% down; 86% down or +$4,483/mo rent closes it.
- Break-even price
- $302,385
- Break-even rent
- $8,104/mo
- Cashflow at 35% down
- −$2,667/mo
- Down payment to break even
- 86%
- Rate to break even
- Not reachable
60% under asking
$4,483/mo above the estimate
$644,914 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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