1601 Cherry Place
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1601 Cherry Place

B

Escondido, CA 92027

$599,900
NEW — 5d

Beds

2

Baths

1

Sqft

827

Year Built

1966

Days on Market

5

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2606378

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

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About This Property

Move-In Ready Escondido Home with No HOA This 2 bed, 1 bath home at 1601 Cherry Pl offers approximately 827 sq ft of smart, move-in ready living with a private yard, single-car garage, and $0 in monthly HOA fees. Located close to shopping, dining, and everyday essentials in Escondido. The major upgrades are already done for you: Brand-new roof (2023) Energy-efficient mini-split AC units (2024) Upgraded 210-volt electrical panel (2024) Updated kitchen and bathroom with quartz countertops Outside is a low-maintenance brick patio, ideal for relaxing, entertaining, or weekend barbecues in your own private outdoor space.

Mortgage Calculator

Est. Monthly Payment

$3,808

Principal & Interest$3,033
Property Tax$600
Insurance$175
%($119,980)
%

Location

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Investment Score

31C
Est. Monthly Rent
$2,126
Monthly Cashflow

Rent − PITIA

$-1,682
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,671

Mortgage (P+I)
$3,033
Cap Rate
0.72%
Cash-on-Cash
-26.72%
DSCR

Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$5,595

NOI (Annual)
$4,346
Price-to-Rent

Lower = better for investors

23.5

* 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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