2298 Rock Crest Glen
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2298 Rock Crest Glen

Ctop 80%

Escondido, CA 92026

$949,000
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: -$4,347/mo full cashflow at 20% down, 7.49% rate.

Works at $385,478 (59% under asking), or at 86% down.

Rent $4,205/mo from 8 leases of 2–4 bed houses within 2 mi ($4,061–$4,426).

Beds

3

Baths

2

Sqft

1,964

Year Built

1994

Days on Market

0

Property Type

Single Family

HOA/mo

$265

MLS ID

260026337SD

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

About This Property

Immaculate single-level sanctuary on a quiet cul-de-sac in 24-hour guard-gated Emerald Heights. Ideal for those seeking top-rated San Marcos Unified schools or a turnkey, stair-free retreat with serene hill views and resort-style amenities. Inside, enjoy fresh custom interior paint, brand-new luxury vinyl plank flooring, soaring ceilings, and abundant natural light. The chef-inspired kitchen features a generous center island, premium stainless steel appliances, ample cabinetry, and gorgeous garden sun windows with an automated motorized awning overhead for effortless shade. The open living area with a cozy fireplace flows outside to a private backyard framing sweeping, tranquil hill vistas. Low-maintenance landscaping ensures effortless outdoor living. Key updates include a luxury custom primary closet, designer bathrooms, newer central AC, and durable finishes throughout. The single-story layout features a spacious primary suite with an ensuite bath, plus versatile additional bedrooms. Emerald Heights offers 24/7 security and a premier recreation center with an Olympic-sized heated pool, spa, clubhouse, fitness center, lighted tennis courts, pickleball, basketball, and parks. Convenient to shopping, dining, and freeways, this turnkey home offers security, scenic beauty, and easy living.

Mortgage Calculator

Est. Monthly Payment

$6,794

Principal & Interest$5,303
Property Tax$949
Insurance$277
HOA$265
%($189,800)
%
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

21C
Est. Monthly Rent
$4,205

8 leases of 2–4 bed houses within 2 mi · $4,061–$4,426

Blended 50/50 with the zip's market median ($4,142)

Monthly Cashflow

Rent − PITIA

-$2,589
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,347

What would make this work?

$4,347/mo short at 20% down; 86% down or +$5,646/mo rent closes it.

Break-even price

59% under asking

$385,478
Break-even rent

$5,646/mo above the estimate

$9,851/mo
Cashflow at 35% down
−$3,353/mo
Down payment to break even

$816,140 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,303
Cap Rate
1.47%
Cash-on-Cash
-27.49%
DSCR

Need ≥ 1.25 for DSCR loan

0.62

NOI (Annual)
$13,995
Price-to-Rent

Lower = better for investors

18.8

* 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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CCashflow−$4,347/mo