312 Zest Lane
Atop 10%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: -$1,670/mo full cashflow at 20% down, 7.43% rate.
Works at $271,689 (44% under asking), or at 70% down.
Rent $2,972/mo from 4 leases of condos & townhomes in 92028, size-adjusted ($2,824–$3,094).
Beds
2
Baths
2.5
Sqft
1,185
Year Built
2024
Days on Market
132
Property Type
Condo
HOA/mo
$202
MLS ID
260015932SD
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Completed in 2024 and located in Meyer at Citro South, this highly sought after Plan 2 is a modern home featuring 2 bedrooms, 2.5 bathrooms and a den perfect for a home office. This home has been thoughtfully upgraded to enhance both style and comfort. Inside, new vinyl plank flooring runs throughout the house, with carpet on the stairs, for a clean and contemporary feel. The kitchen features a stylish new backsplash, stainless steel appliances including a natural gas range & oven, and a modern farmhouse style sink. An upstairs in-unit full sized stacked washer and dryer add everyday convenience. Outdoors, you can enjoy the private enclosed patio area and the pool/clubhouse/sitting area/BBQ's are just steps away. Also included is an Amazon Key In-Garage Delivery, allowing you to monitor, open, and close the garage from your phone, complete with live video of both the front door and garage. The two car attached garage also features a tankless water heater for on demand hot water. Solar panels provide year-round comfort and affordability. All appliances convey. Located in the resort-style Citro community, residents enjoy access to a sparkling pool and relaxing spa, scenic walking trails, nearby Monserate Mountain, dedicated dog park, a bocce ball court and community garden, welcoming clubhouse for gatherings and activities, and Horse Creek Ridge/Willow Grove parks just minutes away. This home has it all as it blends comfort, modern upgrades, and everyday convenience in a vibrant, thoughtfully designed community.
Mortgage Calculator
Est. Monthly Payment
$3,550
Location
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Zoned Schools
Elementary
Bonsall Elementary · grades K-5 · Bonsall Unified
Middle
Norman L. Sullivan Middle · grades 6-8 · Bonsall Unified
High
Bonsall High · grades 9-12 · Bonsall 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
$2,972
Comp Average
$3,056
347 Sweet Pl
2bd / 3ba · 1,083 sqft · Condo
$470K
Est. $3,032/mo
35111 Rangpur Lane
2bd / 2.5ba · 1,185 sqft · Townhouse
$510K
Est. $2,927/mo
35161 Rangpur Ln
3bd / 2.5ba · 1,283 sqft · Condo
$560K
Est. $3,383/mo
311 Satsuma Trail
2bd / 2.5ba · 1,185 sqft · Townhouse
$499K
Est. $2,927/mo
4308 Los Padres Dr
2bd / 2ba · 1,196 sqft · Condo
$575K
Est. $3,010/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
4 leases of condos & townhomes in 92028, size-adjusted · $2,824–$3,094
Blended 50/50 with the zip's market median ($2,987)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,670/mo short at 20% down; 70% down or +$2,168/mo rent closes it.
- Break-even price
- $271,689
- Break-even rent
- $5,140/mo
- Cashflow at 35% down
- −$1,160/mo
- Down payment to break even
- 70%
- Rate to break even
- Not reachable
44% under asking
$2,168/mo above the estimate
$342,300 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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