17036 Iron Mountain
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17036 Iron Mountain

Ctop 80%

Poway, CA 92064

$1,300,000

Pass at asking: -$6,526/mo full cashflow at 20% down, 7.43% rate.

Works at $450,393 (65% under asking), or at 93% down.

Rent $4,492/mo from 7 leases of 3-bed houses in 92064 ($4,773–$5,279).

Beds

3

Baths

2

Sqft

2,195

Year Built

1979

Days on Market

44

Property Type

Single Family

HOA/mo

N/A

MLS ID

260023245SD

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

Virtual Tour

About This Property

Private Single-Level Poway Retreat with Wraparound Deck and Sunset Views Enjoy privacy, space, and sweeping views from this single-level Poway home situated on approximately 2.51 acres. With approximately 2,195 sq. ft., three bedrooms, two bathrooms, a two-car garage, and generous off-street parking, the property offers a rare combination of comfortable everyday living and room to enjoy the outdoors. The wraparound deck is one of the home’s defining features, providing multiple places to relax, entertain, and take in the rolling hills and beautiful west-facing sunsets. The spacious primary suite opens directly to the deck, allowing you to wake up to the peaceful setting and step outside to enjoy the views. Inside, an inviting exposed-beam family room with a fireplace creates a warm gathering space and flows naturally into the dining area. The bright kitchen features a large center island, abundant cabinet storage, generous workspace, and an adjoining casual dining area filled with natural light. Two additional bedrooms and a second full bathroom offer comfortable accommodations and flexibility for guests, a home office, hobbies, or multigenerational living. The single-level design makes the home convenient and functional without sacrificing space. Solar and a private well add valuable self-sufficiency features. Private Single-Level Poway Retreat with Wraparound Deck and Sunset Views Enjoy privacy, space, and sweeping views from this single-level Poway home situated on approximately 2.51 acres. With approximately 2,195 sq. ft., three bedrooms, two bathrooms, a two-car garage, and generous off-street parking, the property offers a rare combination of comfortable everyday living and room to enjoy the outdoors. The wraparound deck is one of the home’s defining features, providing multiple places to relax, entertain, and take in the rolling hills and beautiful west-facing sunsets. The spacious primary suite opens directly to the deck, allowing you to wake up to the peaceful setting and step outside to enjoy the views. Inside, an inviting exposed-beam family room with a fireplace creates a warm gathering space and flows naturally into the dining area. The bright kitchen features a large center island, abundant cabinet storage, generous workspace, and an adjoining casual dining area filled with natural light. Two additional bedrooms and a second full bathroom offer comfortable accommodations and flexibility for guests, a home office, hobbies, or multigenerational living. The single-level design makes the home convenient and functional without sacrificing space. Solar and a private well add valuable self-sufficiency features. Outside, the fenced front yard, expansive grounds, two-car garage, and ample parking provide room for vehicles, equipment, gardening, recreation, and other possibilities. Agricultural zoning may offer additional flexibility, subject to county regulations and approval. Located within the highly regarded Poway Unified School District, this special property offers space, privacy, sunset views, and a relaxed rural atmosphere—all within reach of Poway’s schools, shopping, dining, recreation, and community amenities.

Mortgage Calculator

Est. Monthly Payment

$8,901

Principal & Interest$7,222
Property Tax$1,300
Insurance$379
%($260,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Tierra Bonita Elementary · grades K-5 · Poway Unified

  • Middle

    Twin Peaks Middle · grades 6-8 · Poway Unified

  • High

    Poway High · grades 9-12 · Poway Unified

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

9C
Est. Monthly Rent
$4,492

7 leases of 3-bed houses in 92064 · $4,773–$5,279

Blended 50/50 with the zip's market median ($3,951)

Monthly Cashflow

Rent − PITIA

-$4,409
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,526

What would make this work?

$6,526/mo short at 20% down; 93% down or +$8,475/mo rent closes it.

Break-even price

65% under asking

$450,393
Break-even rent

$8,475/mo above the estimate

$12,967/mo
Cashflow at 35% down
−$5,171/mo
Down payment to break even

$1,209,000 cash

93%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,222
Cap Rate
0.85%
Cash-on-Cash
-30.12%
DSCR

Need ≥ 1.25 for DSCR loan

0.50

NOI (Annual)
$11,053
Price-to-Rent

Lower = better for investors

24.1

* 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−$6,526/mo