2017 Manchester Avenue
Btop 30%Escondido, CA 92027
Pass at asking: -$2,710/mo full cashflow at 20% down, 7.43% rate.
Works at $359,599 (50% under asking), or at 75% down.
Rent $3,587/mo from 9 leases of 3-bed houses within 2 mi ($3,324–$3,663).
Beds
3
Baths
2
Sqft
1,107
Year Built
1971
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2610147
This property is in Escondido (92027). View neighborhood stats →
About This Property
Discover the perfect blend of comfort, convenience, and value in this charming, light and bright, move-in-ready single-story home. Offering 3 bedrooms, 2 bathrooms, and 1,107 square feet of living space, this inviting property sits on a generous 6,000-square-foot lot. Step inside and enjoy the welcoming atmosphere, complemented by luxury vinyl plank throughout. The home offers a comfortable and functional layout, perfect for everyday living and entertaining. The kitchen provides a practical and inviting space to prepare meals and gather with family and friends. The spacious primary suite features an updated private bathroom, while two additional bedrooms offer flexibility for family, guests, or a home office. An additional updated full bathroom adds convenience and functionality. Enjoy year-round comfort with central air conditioning. Additional features include solar, an attached two-car garage, and extra driveway parking. Step outside and discover a versatile backyard featuring raised garden boxes, ready for spring planting! Whether you envision growing fresh vegetables, herbs, or colorful flowers, this outdoor space is ready for your gardening inspiration. Create your own backyard oasis, entertain guests, or simply relax and enjoy the beautiful Escondido weather. And one of the best features? NO HOA! Enjoy the freedom of homeownership without monthly homeowners association dues or HOA restrictions. Conveniently located near local schools, shopping, restaurants, parks, entertainment, and Downtown Escondido, this home offers an excellent combination of location and lifestyle. Whether you're a first-time homebuyer, looking to downsize, or searching for your next investment opportunity, this delightful property is ready to welcome its new owner. Don't miss this wonderful opportunity to make 2017 Manchester Avenue your new home!
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Est. Monthly Payment
$4,879
Location
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Comparable Properties
5 comps foundThis Property
$3,587
Comp Average
$3,465

1458 Kent
3bd / 2ba · 1,105 sqft · Single Family
$735K
Est. $3,598/mo
1059 Nightingale Pl
3bd / 2ba · 1,200 sqft · Single Family
$759K
Est. $3,646/mo
1439 Mission
3bd / 1ba · 1,063 sqft · Single Family
$730K
Est. $3,382/mo
662 Ash St
3bd / 2ba · 1,042 sqft · Single Family
$749K
Est. $3,252/mo
640 Judson
3bd / 2ba · 1,006 sqft · Single Family
$780K
Est. $3,445/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 3-bed houses within 2 mi · $3,324–$3,663
Blended 50/50 with the zip's market median ($3,688)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,710/mo short at 20% down; 75% down or +$3,520/mo rent closes it.
- Break-even price
- $359,599
- Break-even rent
- $7,107/mo
- Cashflow at 35% down
- −$1,968/mo
- Down payment to break even
- 75%
- Rate to break even
- Not reachable
50% under asking
$3,520/mo above the estimate
$534,375 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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