211 Citrus Avenue
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211 Citrus Avenue #31

A

Escondido, CA 92027

$199,000
NEW — 2d

Beds

2

Baths

2

Sqft

1,166

Year Built

1999

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2602685

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

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About This Property

Super cute, newer home located in a 55+ park with rent control! 2 bed / 2 bath with a Den that can easily be used as an office or converted into a guest bedroom by adding a closet. Low monthly space rent of only $795.25 per month. This home features an updated Kitchen, newer roof & A/C, and a recent foundation relevel! Split bedroom floorplan is ideal for roommates or caregivers. Private back porch with wheel chair ramp installed for better accessibility. Storage shed and appliances convey. Home is conveniently located near community clubhouse w/ activities & amenities such as a pool, spa, gym, billiards room, library, etc. Walk to the nearby corner Bus Stop for easy transportation and only a 1/2 block to Vons, Ralphs, CVS. Carefree Ranch is a 55+ community that allows 2 pets on approval.

Mortgage Calculator

Est. Monthly Payment

$1,263

Principal & Interest$1,006
Property Tax$199
Insurance$58
%($39,800)
%

Location

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Investment Score

83A
Est. Monthly Rent
$1,294
Monthly Cashflow

Rent − PITIA

+$31
Full Cashflow

Incl. vacancy, PM, maint, capex

$-433

Mortgage (P+I)
$1,006
Cap Rate
3.46%
Cash-on-Cash
-13.05%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$1,856

NOI (Annual)
$6,883
Price-to-Rent

Lower = better for investors

12.8

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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