1461 Boyle Avenue
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1461 Boyle Avenue

Ctop 80%

Escondido, CA 92027

$949,000

Pass at asking: -$4,093/mo full cashflow at 20% down, 7.43% rate.

Works at $416,105 (56% under asking), or at 83% down.

Rent $4,150/mo from 13 leases of 3-bed houses within 2 mi ($4,290–$4,850).

Beds

3

Baths

2

Sqft

1,920

Year Built

1977

Days on Market

47

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2608927

This property is in Escondido (92027). View neighborhood stats →

Virtual Tour

About This Property

Cared for by its original owner for a lifetime, this kind of home rarely comes to market. It sits on close to half an acre, with generously sized rooms, an easy layout, and years of careful upkeep. Step inside and you'll find spacious living and family rooms with space to spread out, gather, and entertain. Open the sliding door to the balcony off the living room and take in sweeping mountain views, a spot you'll want for morning coffee and sunset evenings alike. Every bedroom is on the entry level for easy everyday living. The primary suite has its own ensuite bath, set apart for privacy. Outside, the lot is a rare find. RV parking has pull-through access right onto the backyard, so there's space for your boat, trailer, toys, or next big project. With this much land, there's also exciting potential to add an ADU. An attached two-car garage rounds out the practical side. The big-ticket items are already done. The roof and HVAC were replaced about 10 years ago, and the electrical panel was upgraded about 8 years ago. The owner has kept documentation for all of it. Space, views, land, and pride of ownership in one place. Homes like this don't come along often.

Mortgage Calculator

Est. Monthly Payment

$6,498

Principal & Interest$5,272
Property Tax$949
Insurance$277
%($189,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Oak Hill Elementary · grades K-5 · Escondido Union

  • Middle

    Hidden Valley Middle · grades 6-8 · Escondido Union

  • High

    Orange Glen 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.

Investment Score

27C
Est. Monthly Rent
$4,150

13 leases of 3-bed houses within 2 mi · $4,290–$4,850

Blended 50/50 with the zip's market median ($3,688)

Monthly Cashflow

Rent − PITIA

-$2,348
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,093

What would make this work?

$4,093/mo short at 20% down; 83% down or +$5,316/mo rent closes it.

Break-even price

56% under asking

$416,105
Break-even rent

$5,316/mo above the estimate

$9,466/mo
Cashflow at 35% down
−$3,105/mo
Down payment to break even

$787,670 cash

83%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,272
Cap Rate
1.75%
Cash-on-Cash
-25.88%
DSCR

Need ≥ 1.25 for DSCR loan

0.64

NOI (Annual)
$16,634
Price-to-Rent

Lower = better for investors

19.1

* Modelled at 20% down, 7.43% 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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CCashflow−$4,093/mo