475 Midway Drive

475 Midway Drive

D

Escondido, CA 92027

$335,000

Beds

2

Baths

1

Sqft

828

Year Built

1979

Days on Market

106

Property Type

Condo

HOA/mo

$400

MLS ID

NDP2511249

Description

This spacious two-bedroom, one-bath, second-floor end unit offers vaulted living room ceilings, a generous primary bedroom, and abundant natural light. The home includes two assigned parking spaces and a private balcony overlooking the pool—perfect for outdoor dining or entertaining. Located in a gated community with two pools, the property sits in the heart of Escondido, close to shops, restaurants, and convenient access to the 78. HOA fees cover water, electricity, sewer, trash, pool access, and gated security.

Mortgage Calculator

Est. Monthly Payment

$2,527

Principal & Interest$1,694
Property Tax$335
Insurance$98
HOA$400
%($67,000)
%

Investment Score

22D
Est. Monthly Rent
$2,000
Monthly Cashflow

Rent − PITI − HOA

$-527
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,266

Mortgage (P+I)
$1,694
Cap Rate
1.53%
Cash-on-Cash
-9.44%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.79
Break-even Rent
$2,527

NOI (Annual)
$5,134
Price-to-Rent

Lower = better for investors

14.0

* 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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