1626 David Dr.
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1626 David Dr.

Ctop 80%

Escondido, CA 92026

$880,000

Pass at asking: -$3,558/mo full cashflow at 20% down, 7.36% rate.

Works at $414,496 (53% under asking), or at 79% down.

Rent $4,114/mo from 12 leases of 2–4 bed houses within 2 mi ($3,729–$4,256).

Beds

3

Baths

2

Sqft

1,702

Year Built

1972

Days on Market

75

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2606600

This property is in Escondido (92026). Browse neighborhood analytics →

Virtual Tour

About This Property

BACK ON MARKET AT NO FAULT OF THE HOME! Welcome to 1626 David Dr, a single-story oasis in North Escondido. This 3-bedroom, 2-bathroom single-family home offers 1,702 square feet of well-designed living space, blending interior comfort with a backyard built for year-round entertaining. Inside, an open layout features a bright living room with a cozy gas fireplace, travertine tile flooring in the kitchen and baths, and a functional kitchen complete with double ovens and a breakfast nook. The backyard is a private retreat featuring an in-ground pool with an automatic safety cover, an automatic sunshade over the patio, a gas fire pit, and plenty of space for outdoor gatherings. Additional highlights include a maintenance free leased solar panel system for energy savings, double-pane vinyl windows, central HVAC, and a 2-car garage with ample driveway parking. Situated on a quiet street in the 92026 zip code, you are just minutes from scenic nearby hiking trails, local shopping, dining, and easy access to both I-15 and Highway 78 for a smooth commute across San Diego County. Don't miss this second-chance opportunity to own a move-in-ready home!

Mortgage Calculator

Est. Monthly Payment

$5,992

Principal & Interest$4,855
Property Tax$880
Insurance$257
%($176,000)
%
Loan Term

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.

Investment Score

35C
Est. Monthly Rent
$4,114

12 leases of 2–4 bed houses within 2 mi · $3,729–$4,256

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,878
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,558

What would make this work?

$3,558/mo short at 20% down; 79% down or +$4,620/mo rent closes it.

Break-even price

53% under asking

$414,496
Break-even rent

$4,620/mo above the estimate

$8,734/mo
Cashflow at 35% down
−$2,647/mo
Down payment to break even

$695,200 cash

79%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,855
Cap Rate
2.05%
Cash-on-Cash
-24.26%
DSCR

Need ≥ 1.25 for DSCR loan

0.69

NOI (Annual)
$18,038
Price-to-Rent

Lower = better for investors

17.8

* 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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CCashflow−$3,558/mo