3909 Reche Rd SPC 116
Atop 10%Fallbrook, CA 92028
Works at asking: +$491/mo full cashflow at 20% down, 7.36% rate.
Still breaks even up to $239,058 (37% above asking).
Rent $2,373/mo: zip market median for this bed count.
Beds
2
Baths
2
Sqft
1,152
Year Built
1969
Days on Market
191
Property Type
Manufactured
HOA/mo
N/A
MLS ID
260008123SD
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Welcome to 3909 Reche Rd, Space 116 -- a charming, well-maintained home tucked away in a quiet, family-friendly all-ages park. This spacious 2-bedroom, 2-bathroom home also offers an optional 3rd bedroom, perfect for a home office or guest space. Enjoy an open, inviting layout with a large living room and a generous kitchen, ideal for gatherings. The home features NO carpet, with laminate flooring throughout and brand-new flooring in the bedrooms. If you love spending time outdoors, you'll appreciate the generously sized private side yard perfect for relaxing or hosting family and friends for any occasion. The home also offers an attached carport with parking for up to four permitted vehicles. The monthly space rent is ONLY $1,230! The Valley Oaks community in Fallbrook is surrounded by beautiful mature Valley Oak trees, offering a peaceful park-like setting with well-kept grounds. Residents enjoy great amenities, including a pool and jacuzzi, shuffleboard room, and fitness center.
Mortgage Calculator
Est. Monthly Payment
$1,191
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
$2,373
Comp Average
$2,650
1120 Mission
2bd / 2ba · 1,101 sqft · Mfd/Mobile Home
$150K
Est. $2,373/mo
1120 Mission Road
2bd / 2ba · 1,139 sqft · Mfd/Mobile Home
$265K
Est. $2,373/mo
4747 Oak Crest Road 28
3bd / 2ba · 1,320 sqft · Manufactured
$275K
Est. $3,065/mo
1120 E Mission Rd
3bd / 2.5ba · 1,400 sqft · Manufactured
$200K
Est. $3,065/mo
4747 Oak Crest Road
2bd / 2ba · 1,248 sqft · Manufactured
$258K
Est. $2,373/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
Cashflows +$491/mo at 20% down with every reserve funded.
- Break-even price
- $239,058
- Break-even rent
- $1,736/mo
- Cashflow at 35% down
- +$672/mo
- Down payment to break even
- 0%
- Rate to break even
- 12.15%
37% above asking
Estimated rent already clears it
$0 cash
at 20% down
Lower = better for investors
* Modelled at 20% down, 7.36% 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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