9949 Erma Rd
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9949 Erma Rd #203

D

Scripps Ranch, CA 92131

$547,900
NEW — 2d on market

Soft Appraisal Value: $544,000 · 0.7% above estimate

Beds

2

Baths

2

Sqft

911

Year Built

1984

Days on Market

2

Property Type

Condo

HOA/mo

$452

MLS ID

260008544SD

This property is in Scripps Ranch (92131). View neighborhood stats →

About This Property

Experience the perfect blend of comfort and style in this beautifully refreshed top floor, end unit condo nestled in the highly sought-after Scripps Mesa community. Designed for effortless everyday living, the spacious 2 bedroom, 2 bathroom layout offers a bright and inviting atmosphere from the moment you arrive. Step inside to discover a freshly painted interior where brand new carpet flows seamlessly through the open living and dining spaces right into the peaceful bedrooms. Natural light pours in through sliding glass doors, highlighting a cozy fireplace that serves as the perfect centerpiece for relaxing evenings at home. The modernized kitchen inspires culinary creativity with striking white cabinets, sleek dark countertops, and a suite of upgrades including a brand new deep-basin sink, range, and refrigerator. Beyond the beautiful finishes, this residence is incredibly practical, featuring an in-unit stacked washer and dryer and a convenient storage closet situated just outside your screened front door. Two assigned outdoor parking spaces located right outside the unit make coming and going a breeze. Living here puts the unparalleled Scripps Ranch lifestyle right at your fingertips. You are just moments from Lake Miramar's scenic trails, community parks, and the Scripps Ranch Marketplace for convenient runs to Trader Joe's. With quick I-15 access simplifying your commute, this turnkey sanctuary offers an elevated living experience completely ready for you to enjoy.

Mortgage Calculator

Est. Monthly Payment

$3,930

Principal & Interest$2,770
Property Tax$548
Insurance$160
HOA$452
%($109,580)
%

Location

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Investment Score

4D
Est. Monthly Rent
$2,895
Monthly Cashflow

Rent − PITIA

$-1,035
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,158

Mortgage (P+I)
$2,770
Cap Rate
1.34%
Cash-on-Cash
-23.63%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$5,697

NOI (Annual)
$7,352
Price-to-Rent

Lower = better for investors

15.8

* 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.

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