
10243 Canyon Dr
Ctop 80%Escondido, CA 92026
Pass at asking: -$3,598/mo full cashflow at 20% down, 7.36% rate.
Works at $428,199 (52% under asking), or at 79% down.
Rent $4,250/mo from 6 leases of 4-bed houses in 92026 ($3,942–$4,388).
Beds
4
Baths
3
Sqft
1,788
Year Built
1986
Days on Market
83
Property Type
Single Family
HOA/mo
N/A
MLS ID
260020635SD
This property is in Escondido (92026). Browse neighborhood analytics →
About This Property
MOTIVATED SELLER | COMPLETELY REMODELED | PAID SOLAR | SEPARATE LOWER-LEVEL LIVING QUARTERS | DETACHED STUDIO | 18,000+ SF LOT! Rare opportunity in the peaceful Jesmond Dene community offering privacy, flexibility and multiple usable spaces. Extensively remodeled inside and out, this 4-bedroom, 2-bath home features an open-concept floor plan, abundant natural light, quartz countertops, stainless-steel appliances, soft-close cabinetry, updated bathrooms, fireplace and modern finishes throughout. The lower level offers a private entrance, bedroom and additional living space with potential for separate living quarters or an ADU-style setup—ideal for multigenerational living, guests, home office or added flexibility. A separate finished detached studio/office provides even more usable space for working from home, gym, creative studio or workshop. Situated on an approximately 18,000+ SF lot, the property features PAID SOLAR, two street/driveway access points, gated RV/boat parking, expansive concrete parking, terraced outdoor areas, artificial turf, mature trees and multiple areas for entertaining. Major improvements include newer windows, roof, siding, dual HVAC systems, dual water heaters, updated kitchen and baths, extensive hardscape/landscape and engineered septic. Move-in ready with the major improvements already completed. Seller is motivated—bring your offer!
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Est. Monthly Payment
$6,121
Location
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Zoned Schools
Elementary
Reidy Creek Elementary · grades K-5 · Escondido Union
Middle
Rincon Middle · grades 6-8 · Escondido Union
High
Escondido High · grades 9-12 · Escondido 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
$4,250
Comp Average
$4,278
1884 Sunbury Street
4bd / 2ba · 2,012 sqft · Single Family
$910K
Est. $4,751/mo
2343 Fair Oak Ct
4bd / 3ba · 1,623 sqft · Single Family
$835K
Est. $4,191/mo
653 Shadywood
3bd / 2.5ba · 1,856 sqft · Single Family
$885K
Est. $4,367/mo
1626 David Dr.
3bd / 2ba · 1,702 sqft · Single Family
$880K
Est. $4,114/mo
28315 Meadow Glen Way
3bd / 2.5ba · 1,775 sqft · Single Family
$870K
Est. $3,967/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
6 leases of 4-bed houses in 92026 · $3,942–$4,388
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,598/mo short at 20% down; 79% down or +$4,672/mo rent closes it.
- Break-even price
- $428,199
- Break-even rent
- $8,922/mo
- Cashflow at 35% down
- −$2,668/mo
- Down payment to break even
- 79%
- Rate to break even
- Not reachable
52% under asking
$4,672/mo above the estimate
$710,210 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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