29549 Circle R Greens Dr.
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29549 Circle R Greens Dr.

Ctop 80%

Escondido, CA 92026

$699,000
STR: check · HOA rules unknown · TOT 8%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$3,329/mo full cashflow at 20% down, 7.36% rate.

Works at $263,368 (62% under asking), or at 90% down.

Rent $3,170/mo from 8 leases of 1–3 bed condos & townhomes in 92026 ($2,995–$3,441).

Beds

2

Baths

2

Sqft

1,396

Year Built

1987

Days on Market

175

Property Type

Townhouse

HOA/mo

$428

MLS ID

260012349SD

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

Virtual Tour

About This Property

Perched along the newly revitalized Castle Creek Golf Course, this beautifully updated single-level residence offers panoramic golf course and mountain views in one of North County’s most peaceful and well-maintained communities. Located just minutes from the I-15, this turnkey home blends privacy, comfort, and scenic living. Perfect as a primary residence or vacation home with low maintenance exterior spaces. Light-filled and impeccably maintained, the home features soaring cathedral ceilings, crown molding, a floor-to-ceiling stone fireplace, and seamless indoor-outdoor living. The updated eat-in kitchen showcases new countertops and backsplash, a fireclay sink, newer dishwasher, upgraded fixtures, and an extended pass-through counter perfect for casual dining or entertaining. The spacious primary suite enjoys tranquil golf course views and includes a spa-inspired custom shower and sauna, dual sinks with a dedicated vanity area, a large walk-in closet with built-ins, and additional attic storage with pull-down ladder access. A sunny office or guest room offers built-in shelving, new carpet, and updated lighting. Step outside to a private backyard deck overlooking rolling hills and fairways—ideal for sunset evenings, outdoor dining, and entertaining. Additional highlights include mature landscaping, newer HVAC with Smart Wi-Fi thermostat, oversized driveway, two-car garage with attic storage, and laundry room with built in storage. Residents enjoy access to community amenities including a pool, clubhouse/BBQ area and pickleball courts adjacent to the complex.

Mortgage Calculator

Est. Monthly Payment

$5,187

Principal & Interest$3,857
Property Tax$699
Insurance$204
HOA$428
%($139,800)
%
Loan Term

Location

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Zoned Schools

  • High

    Valley Center High · grades 9-12 · Valley Center-Pauma 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

28C
Est. Monthly Rent
$3,170

8 leases of 1–3 bed condos & townhomes in 92026 · $2,995–$3,441

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,018
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,329

What would make this work?

$3,329/mo short at 20% down; 90% down or +$4,324/mo rent closes it.

Break-even price

62% under asking

$263,368
Break-even rent

$4,324/mo above the estimate

$7,494/mo
Cashflow at 35% down
−$2,606/mo
Down payment to break even

$629,100 cash

90%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,857
Cap Rate
1.18%
Cash-on-Cash
-28.58%
DSCR

Need ≥ 1.25 for DSCR loan

0.61

NOI (Annual)
$8,231
Price-to-Rent

Lower = better for investors

18.4

* 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−$3,329/mo