1972 Irisdale Ct
1 / 14

1972 Irisdale Ct

D

Encinitas, CA 92024

$775,000
NEW — 3d

Beds

2

Baths

1

Sqft

884

Year Built

1986

Days on Market

3

Property Type

Condo

HOA/mo

$450

MLS ID

260012604SD

This property is in Encinitas (92024). View neighborhood stats →

About This Property

Welcome to High Country Villas - an extraordinary one of a kind active adult 55+ community nestled in the heart of Encinitas on the fringe of Rancho Santa Fe. This is the first time this home has been on the market in nearly 30 years and is truly special for the right person waiting to call this their home. The home features 2 bedrooms and one bath and is extremely light & bright and located in one of the last phases completed in this special and desirable community called home. Features include voluminous vaulted ceilings, cozy gas/wood burning fireplace in the living room, a large walk-in shower, solatube skylight in the bathroom, 2 large private patio areas for you to enjoy year around, forced air gas & central air conditioning, interior laundry closet, and a one car detached garage. The Community is buzzing with a multitude of monthly activities and clubs for you to enjoy and has its own private golf course. Nearby shopping, medical offices, freeway access, and beaches are close by. This unit lives like a single level home with no one above or below and only 7 units on this private street makes it special and desirable location and was loved and well cared for by the previous owner. Disclosure: photos depicted are when unit was partially furnished.

Mortgage Calculator

Est. Monthly Payment

$5,370

Principal & Interest$3,919
Property Tax$775
Insurance$226
HOA$450
%($155,000)
%

Location

Loading map...

Investment Score

23D
Est. Monthly Rent
$3,350
Monthly Cashflow

Rent − PITIA

$-2,020
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,436

Mortgage (P+I)
$3,919
Cap Rate
0.75%
Cash-on-Cash
-26.60%
DSCR

Need ≥ 1.25 for DSCR loan

0.62
Break-even Rent
$7,813

NOI (Annual)
$5,792
Price-to-Rent

Lower = better for investors

19.3

* 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.

Get Expert AnalysisOpen Full Calculator