12623 Mustang Dr
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12623 Mustang Dr

C

Poway, CA 92064

$1,125,000
NEW — 3d

Soft Appraisal Value: $1,109,800 · 1.4% above estimate

Beds

4

Baths

3

Sqft

1,758

Year Built

1970

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015420SD

This property is in Poway (92064). View neighborhood stats →

Virtual Tour

About This Property

Welcome to this upgraded Poway home showcasing pride of ownership and thoughtful upgrades. This 4-bedroom floor plan includes 3 bedrooms on the main level, offering flexibility for multigenerational living, guests, or a home office. One main-level bedroom features an en-suite bath, with a second full bath serving the remaining rooms. Upstairs, the primary suite includes a spa-style bath with jetted soaking tub, tumbled stone finishes, oversized closets, and a private view deck overlooking Poway. The remodeled kitchen features granite countertops, updated cabinetry, stainless steel appliances, and ample storage, opening to living and dining areas. Interior highlights include hardwood flooring, dual-pane windows, designer finishes, and upgraded lighting. Major upgrades include a newer Lennox HVAC system, paid-off solar, epoxy garage floors, built-in storage, newer garage door with keyless entry, rain gutters, and exterior lighting. The backyard offers a private retreat with pavers, stacked-stone retaining wall, spa/hot tub, mature landscaping, fruit trees, and entertaining space. Located in the Poway Unified School District with access to shopping, parks, restaurants, and freeways, this home combines comfort and convenience. With over $100,000 in upgrades, it delivers strong value in one of San Diego’s most desirable communities.

Mortgage Calculator

Est. Monthly Payment

$7,142

Principal & Interest$5,689
Property Tax$1,125
Insurance$328
%($225,000)
%

Location

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Investment Score

16D
Est. Monthly Rent
$4,529
Monthly Cashflow

Rent − PITIA

$-2,613
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,592

Mortgage (P+I)
$5,689
Cap Rate
1.17%
Cash-on-Cash
-24.49%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$10,492

NOI (Annual)
$13,162
Price-to-Rent

Lower = better for investors

20.7

* 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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