3234 Meadow Grass Lane
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3234 Meadow Grass Lane

D

Escondido, CA 92027

$997,257

Beds

3

Baths

3

Sqft

2,265

Year Built

2002

Days on Market

13

Property Type

Single Family

HOA/mo

$140

MLS ID

260011631SD

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

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About This Property

If you're looking for that rare sweet spot where you feel like you're in the country but still have everything nearby, this is it. Hidden Trails in East Escondido is one of those neighborhoods where people move in and just... stay. It's tucked into rolling hills among mature avocado groves, the streets are quiet, the lots are generous, and the neighbors actually know each other. The home itself is move-in ready with a solar system and stunning views, the kind where you can sit and enjoy while sipping your morning brew or watch the sunset. Right outside your door you’ll find that Dixon Lake is minutes away. It includes fishing, camping, picnic areas, boat rentals, the works. From there the trails connect straight into Daley Ranch, a 3,200-acre open space preserve with 25+ miles of hiking and biking trails and views that'll stop you mid-stride. And the San Diego Zoo Safari Park? Same zip code as this house, which makes it an easy visit, not a day trip. The San Pasqual Valley corridor nearby is also home to Orfila Vineyards, a gorgeous boutique winery that just opened an Italian restaurant on-site. Stone Brewing's iconic garden bistro, Cordiano Winery, and some of Escondido's best local restaurants are all a short drive away. Downtown Escondido's Grand Avenue has a weekly farmers market, Cruisin' Grand on Friday nights, and the California Center for the Arts, a legitimate 1,500-seat concert hall, right in town. You're close to I-15, so Temecula and downtown San Diego are both easy. This neighborhood genuinely has it all.

Mortgage Calculator

Est. Monthly Payment

$6,471

Principal & Interest$5,043
Property Tax$997
Insurance$291
HOA$140
%($199,451)
%

Location

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Investment Score

13D
Est. Monthly Rent
$3,716
Monthly Cashflow

Rent − PITIA

$-2,755
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,441

Mortgage (P+I)
$5,043
Cap Rate
0.72%
Cash-on-Cash
-26.72%
DSCR

Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$9,483

NOI (Annual)
$7,224
Price-to-Rent

Lower = better for investors

22.4

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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