2278 Lindsey Ct
Ctop 80%Fallbrook, CA 92028
Pass at asking: -$8,487/mo full cashflow at 20% down, 7.49% rate.
Works at $474,641 (70% under asking), or at 98% down.
Rent $4,754/mo from 4 leases of 4-bed houses in 92028 ($4,059–$4,983).
Beds
4
Baths
2
Sqft
2,647
Year Built
2003
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026174SD
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Beautifully renovated single story custom home with sweeping views, sophisticated finishes, and a private saltwater pool and spa. Located in a quiet Fallbrook neighborhood of just 14 homes, the property enjoys eastern sunrise views and colorful evening skies. Inside, 9 inch European engineered wood flooring, leatherized quartzite countertops, and high ceilings complement the remodeled kitchen and spacious living areas. Four fireplaces add character to the living room, family room, primary suite, and outdoor loggia. A separate office provides a dedicated workspace. The backyard is designed for entertaining, featuring an infinity edge pool, heated spa with swim jet, water features, covered patios, and a built in Bull barbecue. Established landscaping, full fencing, and gently rolling terrain create a private outdoor setting with room for gardening and recreation. A three car garage, RV parking, and generous additional parking accommodate vehicles and recreational equipment. With no HOA or Mello Roos, this distinctive Fallbrook residence offers custom craftsmanship and convenient access to local amenities, wineries, and North San Diego County.
Mortgage Calculator
Est. Monthly Payment
$10,836
Location
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Zoned Schools
Elementary
Live Oak Elementary · grades K-6 · Fallbrook Union Elementary
Middle
James E. Potter Intermediate · grades 7-8 · Fallbrook Union Elementary
High
Fallbrook High · grades 9-12 · Fallbrook Union High
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
$4,754
Comp Average
$4,716
3533 Sarah Ann Dr.
4bd / 2.5ba · 2,638 sqft · Single Family
$1000K
Est. $4,587/mo
1905 Green Vista Lane
4bd / 3ba · 2,667 sqft · Single Family
$1.15M
Est. $4,759/mo
1850 Canyon Heights Road
4bd / 2.5ba · 2,646 sqft · Single Family
$1.30M
Est. $4,614/mo

2713 E Mission
4bd / 3ba · 2,482 sqft · Single Family
$1.35M
Est. $4,684/mo
525 Stewart Canyon Road
4bd / 4.5ba · 2,723 sqft · Single Family
$1.50M
Est. $4,936/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
4 leases of 4-bed houses in 92028 · $4,059–$4,983
Blended 50/50 with the zip's market median ($5,090)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$8,487/mo short at 20% down; 98% down or +$11,023/mo rent closes it.
- Break-even price
- $474,641
- Break-even rent
- $15,777/mo
- Cashflow at 35% down
- −$6,837/mo
- Down payment to break even
- 98%
- Rate to break even
- Not reachable
70% under asking
$11,023/mo above the estimate
$1,543,500 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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