9409 Fairgrove Lane
1 / 20

9409 Fairgrove Lane #204

B

Rancho Peñasquitos, CA 92129

$575,000

Soft Appraisal Value: $569,100 · 1.0% above estimate

Beds

2

Baths

2

Sqft

927

Year Built

1986

Days on Market

13

Property Type

Condo

HOA/mo

$435

MLS ID

260014501SD

This property is in Rancho Peñasquitos (92129). View neighborhood stats →

About This Property

Beautiful 2 bedroom- 2-bathroom Upstairs Unit in the prestigious Casa Blanca Community. Vaulted Ceiling Living Room with balcony & Fireplace. Very Bright & Airy. 927 square foot well designed living space comes with all appliances, central A/C & heating, and two dedicated parking spot (one carport & one open spot) This condo has a very functional floor plan seamless flow between the living, dining, and kitchen areas. Primary Bedroom has high ceiling with large walk-in closet. Balcony off living room gives access to enjoy beautiful view. Residents of the Casa Blanca community enjoy HOA-covered Water & Tarsh services and well-maintained grounds and pool area. Walking distance Black Mountain shopping center, Grocery stores & all restaurants. Close to freeways.

Mortgage Calculator

Est. Monthly Payment

$4,085

Principal & Interest$2,908
Property Tax$575
Insurance$168
HOA$435
%($115,000)
%

Location

Loading map...

Investment Score

41C
Est. Monthly Rent
$2,973
Monthly Cashflow

Rent − PITIA

$-1,113
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,275

Mortgage (P+I)
$2,908
Cap Rate
1.32%
Cash-on-Cash
-23.74%
DSCR

Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$5,928

NOI (Annual)
$7,585
Price-to-Rent

Lower = better for investors

16.1

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Get Expert AnalysisOpen Full Calculator