
248 Dun Blazer Way
Btop 30%Fallbrook, CA 92028
HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.
Pass at asking: -$3,079/mo full cashflow at 20% down, 7.43% rate.
Works at $364,181 (52% under asking), or at 78% down.
Rent $3,992/mo from 4 leases of 4-bed houses in 92028 ($3,663–$4,497).
Beds
4
Baths
2.5
Sqft
2,156
Year Built
2018
Days on Market
62
Property Type
Single Family
HOA/mo
$277
MLS ID
NDP2608384
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
** Price Improvement ** Welcome to this beautifully upgraded 4-bedroom home in the highly desirable Horse Creek Ridge community! With 2,156 square feet, 2.5 bathrooms, and a versatile bonus room featuring a stylish barn door, this home offers plenty of space to live, work, and enjoy. The kitchen is a standout with a beautiful backsplash and upgraded appliances, pull out drawers there and in the pantry, while the thoughtful entryway includes a convenient built-in bench and hanging area to help keep everyday life organized. Premium window shutters, upgraded flooring throughout the upstairs and downstairs, tile in the wet areas, and an epoxy-coated garage floor add both style and functionality. You'll also appreciate the whole-house fan, designed to help reduce air conditioning usage, along with a water softener and reverse osmosis drinking water system. The garage offers convenient overhead storage, giving you even more room to stay organized. Outside, the exterior trim, fascia, and garage doors have recently been painted and maintained in accordance with HOA standards. The spacious driveway is a wonderful bonus, providing extra parking that is hard to come by. Located near the BP pool, you'll enjoy easy access to one of Horse Creek Ridge's fantastic community amenities. The leased solar system is just $95 per month, helping provide an energy-efficient advantage to this already well-equipped home. With its thoughtful upgrades, flexible floor plan, great driveway space, and desirable location within the community, this home is one you won't want to miss!
Mortgage Calculator
Est. Monthly Payment
$5,515
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
$3,992
Comp Average
$4,261
265 Spotted Saddle Way
4bd / 2.5ba · 2,156 sqft · Single Family
$725K
Est. $4,537/mo

2829 Golfview Drive
4bd / 3ba · 2,205 sqft · Single Family
$799K
Est. $4,143/mo
35241 Valencia Pt
4bd / 3ba · 2,166 sqft · Single Family
$875K
Est. $4,338/mo
1631 Ranchwood Lane
4bd / 3ba · 2,040 sqft · Single Family
$940K
Est. $4,084/mo
672 Inverlochy Dr
4bd / 2.5ba · 2,277 sqft · Single Family
$959K
Est. $4,203/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
4 leases of 4-bed houses in 92028 · $3,663–$4,497
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,079/mo short at 20% down; 78% down or +$3,998/mo rent closes it.
- Break-even price
- $364,181
- Break-even rent
- $7,990/mo
- Cashflow at 35% down
- −$2,282/mo
- Down payment to break even
- 78%
- Rate to break even
- Not reachable
52% under asking
$3,998/mo above the estimate
$596,700 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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