2108 Jeremy Place
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2108 Jeremy Place

Ctop 80%

Escondido, CA 92027

$975,000
NEW — 0d
STR limited · Escondido pilot, owners only · TOT 10%

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Pass at asking: -$3,787/mo full cashflow at 20% down, 7.36% rate.

Works at $479,364 (51% under asking), or at 77% down.

Rent $5,067/mo from 14 leases of 3–5 bed houses within 2 mi ($4,983–$5,593).

Beds

4

Baths

3

Sqft

2,517

Year Built

1990

Days on Market

0

Property Type

Single Family

HOA/mo

$238

MLS ID

SB26241355

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

About This Property

Incredible opportunity for 5.99% assumable interest rate FHA loan. Tucked away at the end of a peaceful North Escondido cul-de-sac, 2108 Jeremy Place is the kind of home that makes an impression the moment you step inside. Spanning 2,517 square feet, this residence effortlessly balances sophisticated design with a warm, inviting atmosphere that feels like home. The open floor plan is defined by soaring high ceilings and an abundance of natural light, courtesy of Milgard dual-pane windows outfitted with elegant plantation shutters. Durable yet stylish vinyl flooring flows throughout the main living areas, leading you into the heart of the home: a true chef’s kitchen. This space features a stunning marble island, sleek soft-close cabinetry, stainless steel appliances, and a charming greenhouse window perfect for an indoor herb garden. The layout is thoughtfully designed for modern living. The main level hosts three spacious bedrooms, each finished with mirrored closet doors. Upstairs, the primary suite serves as a private sanctuary, complete with a custom-designed walk-in closet and a spa-like bathroom featuring a deep free-standing soaking tub and a separate walk-in shower. Step outside to discover a private backyard oasis built for relaxation and entertaining. The focal point is a sparkling saltwater pool and spa, which comes heated and equipped with vibrant LED lighting for evening enjoyment. Beyond the aesthetics, the home is packed with high-value upgrades for long-term peace of mind, including solar panels, a newer roof, and a newer HVAC system. This is a rare opportunity to own a meticulously maintained property that checks every box for luxury, comfort, and energy efficiency. Best of all, this home puts you within close proximity of everything you need, from nearby parks, shopping, freeways and local dining.

Mortgage Calculator

Est. Monthly Payment

$6,877

Principal & Interest$5,379
Property Tax$975
Insurance$284
HOA$238
%($195,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Conway Elementary · grades K-6 · 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

36C
Est. Monthly Rent
$5,067

14 leases of 3–5 bed houses within 2 mi · $4,983–$5,593

Blended 50/50 with the zip's market median ($4,620)

Monthly Cashflow

Rent − PITIA

-$1,809
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,787

What would make this work?

$3,787/mo short at 20% down; 77% down or +$4,918/mo rent closes it.

Break-even price

51% under asking

$479,364
Break-even rent

$4,918/mo above the estimate

$9,985/mo
Cashflow at 35% down
−$2,779/mo
Down payment to break even

$750,750 cash

77%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,379
Cap Rate
2.27%
Cash-on-Cash
-23.31%
DSCR

Need ≥ 1.25 for DSCR loan

0.74

NOI (Annual)
$22,145
Price-to-Rent

Lower = better for investors

16.0

* 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−$3,787/mo