2238 Hilton Head
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2238 Hilton Head

Ctop 80%

Escondido, CA 92026

$789,000
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: -$3,489/mo full cashflow at 20% down, 7.36% rate.

Works at $332,379 (58% under asking), or at 85% down.

Rent $3,721/mo from 9 leases of 2–4 bed houses within 2 mi ($3,416–$3,845).

Beds

3

Baths

2

Sqft

1,410

Year Built

1987

Days on Market

90

Property Type

Single Family

HOA/mo

$325

MLS ID

NDP2607692

This property is in Escondido (92026). Browse neighborhood analytics →

Virtual Tour

About This Property

Skip the renovation, the contractors, and the weekend projects. This single-story Woodridge home has been redone top to bottom, with most of the work finished in 2026. The new kitchen has custom cabinetry with pull-outs for pots, pans, and trash bins, a pantry with roll-out shelving, an island with a new stainless sink, and Samsung Bespoke appliances including a gas range. Both bathrooms are fully remodeled, and the primary bath adds a dual-sink vanity and a new skylight. Throughout: new LVP flooring, new doors and trim, new lighting and ceiling fans (many on dimmers), plantation shutters, motorized shades on all three sliders, and fresh interior and exterior paint. A new furnace was installed in 2025. The washer and gas dryer are included. Peace of mind is built in: a Moen Flo leak shutoff, an updated electrical panel, roof vents replaced to meet insurance fire-safety requirements, a hardwired Ring doorbell, and three exterior Ring cameras. New wrought iron fencing and two gates enclose the side and back yard, and the new backyard landscaping runs on battery-operated irrigation. The HOA covers grounds, pool, spa, and BBQ area. Hill and tree views, living room fireplace, and a 2-car garage.Thoughtfully upgraded since early 2025, with every detail planned and managed by the owner. One level, turnkey, nothing left to do.

Mortgage Calculator

Est. Monthly Payment

$5,697

Principal & Interest$4,353
Property Tax$789
Insurance$230
HOA$325
%($157,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Richland Elementary · grades K-5 · San Marcos Unified

  • Middle

    Woodland Park Middle · grades 6-8 · San Marcos Unified

  • High

    Mission Hills High · grades 9-12 · San Marcos 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

31C
Est. Monthly Rent
$3,721

9 leases of 2–4 bed houses within 2 mi · $3,416–$3,845

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,976
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,489

What would make this work?

$3,489/mo short at 20% down; 85% down or +$4,532/mo rent closes it.

Break-even price

58% under asking

$332,379
Break-even rent

$4,532/mo above the estimate

$8,253/mo
Cashflow at 35% down
−$2,673/mo
Down payment to break even

$670,650 cash

85%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,353
Cap Rate
1.60%
Cash-on-Cash
-26.54%
DSCR

Need ≥ 1.25 for DSCR loan

0.65

NOI (Annual)
$12,597
Price-to-Rent

Lower = better for investors

17.7

* 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−$3,489/mo