
2065 Matthew Place
Btop 30%Escondido, CA 92027
Pass at asking: -$2,727/mo full cashflow at 20% down, 7.43% rate.
Works at $393,886 (47% under asking), or at 73% down.
Rent $3,929/mo from 8 leases of 3-bed houses within 2 mi ($3,817–$4,267).
Beds
3
Baths
2.5
Sqft
1,498
Year Built
1978
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2610074
This property is in Escondido (92027). View neighborhood stats →
About This Property
Welcome to 2065 Matthew Place – City living on a great cul-de-sac lot! Nestled at the end of a quiet, family-friendly cul-de-sac in Escondido, this 3-bedroom, 2-1/2 bathroom single-family home offers the perfect blend of modern comfort, peace of mind, and outdoor versatility. The 4th bedroom was converted to a family room area but can be turned back to bedroom if desired. The moment you arrive, the expansive lot and dedicated RV parking welcome you, offering plenty of space for your vehicles, toys, or weekend projects. Step inside to a bright, airy interior that is freshly painted and complements the nice tile flooring of the downstairs. The heart of the home—the kitchen—boasts freshly painted cabinetry and brand new gas range, dishwasher, microwave and newer stainless steel refrigerator making it move in ready! Upstairs, you will find plush, brand-new carpeting that adds warmth and comfort to the bedroom spaces and ceiling fans in each bedroom. What truly sets this home apart are the massive, high-ticket updates that ensure years of worry-free ownership. Enjoy maximum energy efficiency and year-round comfort with a brand-new HVAC system, along with a brand-new washer and dryer set included with the home and a newer roof done in 2025! The garage also has a loft area of approx 200 sq ft and attic space of about 100 sf accessible by the drop down ladder in the garage! Plenty of storage for extra household items! The outdoor space is a rare find for the area. Situated on a generous, oversized lot, the expansive backyard is framed by partial new fencing, creating a private and secure oasis perfect for entertaining, children, or pets. Don’t miss your chance to own a home with a good sized lot, no HOA, no Mello Roos and conveniently located! Come and see it before it is taken!
Mortgage Calculator
Est. Monthly Payment
$5,128
Location
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Zoned Schools
Elementary
Glen View Elementary · grades K-5 · Escondido Union
Middle
Hidden Valley Middle · grades 6-8 · Escondido Union
High
Orange Glen 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.
Comparable Properties
5 comps foundThis Property
$3,929
Comp Average
$3,855
231 James
3bd / 2ba · 1,496 sqft · Single Family
$700K
Est. $3,869/mo
1375 Oak Hill
3bd / 2ba · 1,458 sqft · Single Family
$737K
Est. $3,777/mo
2032 Fiesta
3bd / 3ba · 1,520 sqft · Single Family
$725K
Est. $3,859/mo
1448 Esperanza Way
3bd / 2ba · 1,474 sqft · Single Family
$799K
Est. $3,885/mo
750 Linwood St
3bd / 2.5ba · 1,510 sqft · Single Family
$860K
Est. $3,885/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 3-bed houses within 2 mi · $3,817–$4,267
Blended 50/50 with the zip's market median ($3,700)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,727/mo short at 20% down; 73% down or +$3,541/mo rent closes it.
- Break-even price
- $393,886
- Break-even rent
- $7,470/mo
- Cashflow at 35% down
- −$1,947/mo
- Down payment to break even
- 73%
- Rate to break even
- Not reachable
47% under asking
$3,541/mo above the estimate
$546,770 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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