1575 Valley Pkwy #2
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1575 Valley Pkwy #2

Atop 10%

Escondido, CA 92029

$279,000

Pass at asking: -$440/mo full cashflow at 20% down, 7.36% rate.

Works at $221,302 (21% under asking), or at 43% down.

Rent $2,197/mo: model estimate from bedrooms, size and zip.

Beds

2

Baths

2

Sqft

1,040

Year Built

1963

Days on Market

63

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2608503

This property is in Escondido (92029). Browse neighborhood analytics →

Virtual Tour

About This Property

NEW ROOF + Seller to pay one year park fees. Welcome to Ponderosa Park, an all-ages community in Escondido! This beautifully updated 2-bedroom, 2-bath home offers comfortable living, flexible space, and an incredible backyard retreat. The open floor plan features a gorgeous kitchen with a large island, perfect for everyday living and entertaining. Mini-split cooling systems and renovated bathrooms add comfort and modern touches. Need more space? The bonus California Room gives you flexible room for a home office, workout area, hobby room, or additional living space. Step outside and enjoy the beautifully landscaped backyard with mature fruit trees, fire pit, dedicated workout area, and plenty of space to relax or entertain. A spacious 3-car carport provides convenient covered parking. Enjoy Ponderosa Park amenities including a community pool, park, and dog park, all in a convenient Escondido location close to shopping, dining, schools, and major freeways.

Mortgage Calculator

Est. Monthly Payment

$1,900

Principal & Interest$1,539
Property Tax$279
Insurance$81
%($55,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Miller Elementary · grades K-5 · Escondido Union

  • Middle

    Del Dios Academy of Arts and Sciences · grades 6-8 · Escondido Union

  • High

    San Pasqual 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

84A
Est. Monthly Rent
$2,197

Model estimate from bedrooms, size and zip

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

+$298
Full Cashflow

Incl. vacancy, PM, maint, capex

-$440

What would make this work?

$440/mo short at 20% down; 43% down or +$572/mo rent closes it.

Break-even price

21% under asking

$221,302
Break-even rent

$572/mo above the estimate

$2,769/mo
Cashflow at 35% down
−$151/mo
Down payment to break even

$119,970 cash

43%
Rate to break even

at 20% down

4.26%

Mortgage (P+I)
$1,539
Cap Rate
5.20%
Cash-on-Cash
-9.46%
DSCR

Need ≥ 1.25 for DSCR loan

1.16

NOI (Annual)
$14,508
Price-to-Rent

Lower = better for investors

10.6

* 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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ACashflow−$440/mo