3950 Hellers Bend
Atop 10%Fallbrook, CA 92028
Pass at asking: -$2,838/mo full cashflow at 20% down, 7.36% rate.
Works at $478,640 (44% under asking), or at 69% down.
Rent $4,751/mo from 4 leases of 4-bed houses in 92028 ($3,943–$4,840).
Beds
4
Baths
3
Sqft
2,497
Year Built
1978
Days on Market
46
Property Type
Single Family
HOA/mo
N/A
MLS ID
260023558SD
This property is in Fallbrook (92028). Browse neighborhood analytics →
About This Property
Opportunity awaits in Fallbrook! Situated on approximately one acre, this 4 bedroom, 3 bath home offers a spacious floor plan and plenty of potential for the buyer ready to make it their own. The home features separate living and family room with a dual fireplace, dining room, and generous living spaces throughout. Step outside and enjoy your own private retreat with a swimming pool, a sizable pond, ample outdoor space, and RV parking with hookups. The property is on septic, has solar, and offers room to create, entertain, garden, bring your pets, or simply enjoy the peaceful Fallbrook setting. Bring your vision and transform this property into something truly special. A unique opportunity for a buyer looking for a property with space, privacy, and potential.
Mortgage Calculator
Est. Monthly Payment
$5,788
Location
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Zoned Schools
Elementary
La Paloma 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
$4,751
Comp Average
$4,562
613 Carnation Lane
4bd / 3ba · 2,515 sqft · Single Family
$840K
Est. $4,749/mo
5014 Lake Circle Road
4bd / 2.5ba · 2,462 sqft · Single Family
$785K
Est. $4,165/mo
445 Poets Square
4bd / 3ba · 2,414 sqft · Single Family
$859K
Est. $4,696/mo
1514 Camino De Nog
4bd / 3ba · 2,596 sqft · Single Family
$1.07M
Est. $4,775/mo
3533 Sarah Ann Dr.
4bd / 2.5ba · 2,638 sqft · Single Family
$969K
Est. $4,424/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
4 leases of 4-bed houses in 92028 · $3,943–$4,840
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,838/mo short at 20% down; 69% down or +$3,685/mo rent closes it.
- Break-even price
- $478,640
- Break-even rent
- $8,436/mo
- Cashflow at 35% down
- −$1,958/mo
- Down payment to break even
- 69%
- Rate to break even
- Not reachable
44% under asking
$3,685/mo above the estimate
$586,500 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
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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