
31515 Calle Joya
Dbottom 20%Bonsall, CA 92003
Pass at asking: -$12,844/mo full cashflow at 20% down, 7.43% rate.
Works at $427,548 (80% under asking); even all cash loses money at asking.
Rent $4,265/mo from 4 leases of 2–4 bed houses in 92003 ($4,084–$4,329).
Beds
3
Baths
3.5
Sqft
2,130
Year Built
1980
Days on Market
106
Property Type
Single Family
HOA/mo
N/A
MLS ID
260018328SD
This property is in Bonsall (92003). Browse neighborhood analytics →
About This Property
Welcome to a private gated estate on 3.22 acres in the rolling hills of Bonsall. The main-level primary suite offers comfort and convenience, while the fully permitted 1,955-square-foot studio is fully insulated and equipped with A/C—an exceptional opportunity to create a second home on the property or a tasting room for a boutique winery. This custom Mediterranean-inspired residence captures breathtaking panoramic views across surrounding valleys and distant mountain ridgelines, with spectacular sunrises, sunsets, and refreshing afternoon breezes. Thoughtfully updated with fresh interior paint, refreshed landscaping, an updated kitchen, remodeled primary and hall baths, and upgraded irrigation, the home blends comfort with functionality. Enjoy a spacious floor plan, granite finishes, wood-burning fireplace, paid solar, and expansive outdoor living areas ideal for entertaining. The producing vineyard features 1,000+ Syrah and Sangiovese vines with a complete bird/bee netting system, complemented by avocado, citrus, and pomegranate trees. The versatile acreage offers opportunities for horses, livestock, agriculture, or other rural pursuits. Just minutes from Temecula, Fallbrook, Escondido, Oceanside, and major commuter routes, this rare property offers privacy, flexibility, sweeping views, and the best of North San Diego County country living.
Mortgage Calculator
Est. Monthly Payment
$14,379
Location
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Zoned Schools
Elementary
Bonsall Elementary · grades K-5 · Bonsall Unified
Middle
Norman L. Sullivan Middle · grades 6-8 · Bonsall Unified
High
Bonsall High · grades 9-12 · Bonsall Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
3 comps foundThis Property
$4,265
Comp Average
$4,738
5398 Camino Jasmine
4bd / 3.5ba · 3,156 sqft · Single Family
$1.40M
Est. $5,089/mo

6944 West Lilac
2bd / 2ba · 2,114 sqft · Single Family
$1.38M
Est. $4,628/mo
31255 Via Mariposa Court
3bd / 2.5ba · 2,626 sqft · Single Family
$1.85M
Est. $4,498/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
4 leases of 2–4 bed houses in 92003 · $4,084–$4,329
Blended 50/50 with the zip's market median ($4,305)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$12,844/mo short at 20% down; +$16,681/mo rent closes it.
- Break-even price
- $427,548
- Break-even rent
- $20,946/mo
- Cashflow at 35% down
- −$10,657/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
80% under asking
$16,681/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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