2280 Valley Parkway #127
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2280 Valley Parkway #127

Atop 10%

Escondido, CA 92027

$192,000

Works at asking: +$218/mo full cashflow at 20% down, 7.49% rate.

Still breaks even up to $220,356 (15% above asking).

Rent $2,207/mo: zip market median for this bed count.

Beds

2

Baths

2

Sqft

1,034

Year Built

1969

Days on Market

45

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2608702

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

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About This Property

Cute, updated home that shows true pride of ownership! Ideally situated on a corner lot in the desirable 55+ community of Town & Country, just a short walk from the clubhouse, pool, spa, dog park, guest parking and other community amenities. The home features an updated kitchen and bathrooms, a new refrigerator, new interior doors and fixtures, new living room windows, plus many other previouslyw upgraded windows throughout. Both bedrooms offer the convenience of an attached bathroom, including a spacious Primary Suite with double barn doors opening to an updated bathroom with dual sinks. Additional improvements include a roof resealed in approximately 2021 and, per Seller, updated copper plumbing. Outside, enjoy a peaceful covered porch, garden box, fruit trees, two storage sheds and an automatic drip irrigation system. The widened carport provides convenient parking, and SimpliSafe security equipment is also included. Town & Country is a beautifully maintained 55+ community offering an inviting clubhouse, pool & spa, exercise room, billiards, game room, library, kitchen, shuffleboard, dog park, planned activities and more. One pet up to 20 lbs is welcome. Conveniently located within walking distance of nearby shopping, dining, public transportation and a bus stop.

Mortgage Calculator

Est. Monthly Payment

$1,321

Principal & Interest$1,073
Property Tax$192
Insurance$56
%($38,400)
%
Loan Term

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.

Investment Score

98A
Est. Monthly Rent
$2,207

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

+$886
Full Cashflow

Incl. vacancy, PM, maint, capex

+$218

What would make this work?

Cashflows +$218/mo at 20% down with every reserve funded.

Break-even price

15% above asking

$220,356
Break-even rent

Estimated rent already clears it

$1,923/mo
Cashflow at 35% down
+$420/mo
Down payment to break even

$19,200 cash

10%
Rate to break even

at 20% down

9.50%

Mortgage (P+I)
$1,073
Cap Rate
8.76%
Cash-on-Cash
6.83%
DSCR
1.67

NOI (Annual)
$16,821
Price-to-Rent

Lower = better for investors

7.2

* Modelled at 20% down, 7.49% 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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ACashflow+$218/mo