
3404 Oak Cliff Drive #3
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: -$1,631/mo full cashflow at 20% down, 7.43% rate.
Works at $325,151 (40% under asking), or at 64% down.
Rent $3,698/mo from 4 leases of condos & townhomes in 92028, size-adjusted ($3,359–$3,681).
Beds
2
Baths
2.5
Sqft
1,677
Year Built
1975
Days on Market
95
Property Type
Condo
HOA/mo
$350
MLS ID
SW26173101
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Beautiful home in rural setting just blocks from award winning Monserate Winery. No neighbors above or below, and with views of country land, trees and vineyards with a 2 car attached garage and lots of upgrades, this home is a dream come true at a price that won't break your budget. Enter past your own yard and garden space into the family room and dining rooms, with soaring 20 foot vaulted ceilings. Upgraded kitchen with granite counters has plenty of cabinet and counter space and leads to a hallway with guest bath, desk area, naturally lit laundry room and the garage. Family room has fireplace, built-in shelves and hard surface flooring. Stairway leads to bridge/overlook and 2 spacious bedrooms, each with their own bathrooms. Small community tucked away in this warm rural setting away from the hustle and bustle, but a short walk to the winery, and with quick easy access to freeways make for an easy commute. Lives like a secluded single level home.
Mortgage Calculator
Est. Monthly Payment
$4,030
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
$3,698
Comp Average
$3,069
4129 Cyprus Island Court
2bd / 2ba · 1,308 sqft · Condo
$469K
Est. $3,047/mo
4115 Cyprus Island Court
2bd / 2ba · 1,308 sqft · Condo
$499K
Est. $3,047/mo
4123 Oak Island
2bd / 2ba · 1,308 sqft · Condo
$499K
Est. $3,051/mo
1759 Pala Lake Drive
2bd / 2ba · 1,426 sqft · Condo
$515K
Est. $3,081/mo
2542 Los Cerritos Lane
2bd / 2ba · 1,389 sqft · Condo
$530K
Est. $3,118/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 · $3,359–$3,681
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,631/mo short at 20% down; 64% down or +$2,118/mo rent closes it.
- Break-even price
- $325,151
- Break-even rent
- $5,816/mo
- Cashflow at 35% down
- −$1,071/mo
- Down payment to break even
- 64%
- Rate to break even
- 0.86%
40% under asking
$2,118/mo above the estimate
$344,000 cash
at 20% down
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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