475 Midway Drive #153
Atop 10%Escondido, CA 92027
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$1,504/mo full cashflow at 20% down, 7.36% rate.
Works at $203,321 (49% under asking), or at 75% down.
Rent $2,576/mo from 8 leases of 1–3 bed condos & townhomes within 0.5 mi ($2,246–$2,406).
Beds
2
Baths
2
Sqft
964
Year Built
1979
Days on Market
45
Property Type
Condo
HOA/mo
$430
MLS ID
PTP2607315
This property is in Escondido (92027). View neighborhood stats →
About This Property
Welcome home to this bright and inviting 2-bedroom, 2-bath condo offering 964 sq ft of comfortable and functional living space in the heart of Escondido. The well-designed layout features an all-electric interior, convenient in-unit laundry, and two assigned parking spaces, including one covered space. Enjoy a pet-friendly community with great amenities, including two sparkling pools, a clubhouse, walking and biking trails, and a nearby dog park. Water is also included through the HOA, adding to the convenience of low-maintenance living. Conveniently located near shopping, dining, recreation, and everyday essentials, this home offers a wonderful combination of comfort, convenience, and community amenities—ready for its next owner to make it home.
Mortgage Calculator
Est. Monthly Payment
$3,154
Location
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Zoned Schools
Elementary
Glen View Elementary · grades K-5 · Escondido Union
Middle
Hidden Valley Middle · grades 6-8 · Escondido Union
High
Orange Glen High · grades 9-12 · Escondido Union High
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
5 comps foundThis Property
$2,576
Comp Average
$2,452
1817 Grand Avenue
2bd / 2ba · 979 sqft · Condo
$300K
Est. $2,288/mo
475 Midway Dr
2bd / 2ba · 964 sqft · Condo
$405K
Est. $2,576/mo
475 Midway Dr
2bd / 1ba · 964 sqft · Condo
$409K
Est. $2,576/mo
1817 Grand Avenue
2bd / 1.5ba · 905 sqft · Condo
$385K
Est. $2,200/mo
505 San Pasqual Valley Road
2bd / 2ba · 992 sqft · Condo
$450K
Est. $2,622/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 1–3 bed condos & townhomes within 0.5 mi · $2,246–$2,406
Blended 50/50 with the zip's market median ($2,772)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,504/mo short at 20% down; 75% down or +$1,953/mo rent closes it.
- Break-even price
- $203,321
- Break-even rent
- $4,529/mo
- Cashflow at 35% down
- −$1,090/mo
- Down payment to break even
- 75%
- Rate to break even
- Not reachable
49% under asking
$1,953/mo above the estimate
$299,999 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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