525 El Norte Parkway #10
Atop 10%Escondido, CA 92026
Pass at asking: -$839/mo full cashflow at 20% down, 7.36% rate.
Works at $275,247 (29% under asking), or at 52% down.
Rent $3,186/mo: zip market median for this bed count.
Beds
3
Baths
2
Sqft
1,344
Year Built
1984
Days on Market
182
Property Type
Manufactured
HOA/mo
$350
MLS ID
NDP2604702
This property is in Escondido (92026). Browse neighborhood analytics →
About This Property
OWN THE LAND in a gated 5 Star, 55+ community. Clean & very well maintained 3 BR home with primary BR at opposite end of the house from the guest bedrooms. Large open concept living area with vaulted ceilings, dual pane windows, central A/C & a large porch with gentle breezes make this home comfortable year-round. Roof replaced in 2018. Walk-in shower plus walk-in tub/shower unit for easy accessibility. Beautiful low maintenance landscape with automatic drip line watering. Located a short level walk from the main clubhouse, pool & guest parking. Covered driveway with room for 3 cars. Low HOA of $302 per month includes all amenities, trash, sewer, cable & water! FHA, VA (zero down) & Conventional Financing available. Down payment assistance or grant money may be available. This is the ultimate community for active seniors, friendly neighbors, fun activities, 2 pools, 2 clubhouses, lovely greenbelts with mature landscaping, walking distance to transportation & shopping. RV parking is available for $75 mo. This is the best value 3 BR land-owned home in North County. Come see it today!
Mortgage Calculator
Est. Monthly Payment
$2,971
Location
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Zoned Schools
Elementary
Rock Springs Elementary · grades K-5 · Escondido Union
Middle
Del Dios Academy of Arts and Sciences · grades 6-8 · Escondido Union
High
Escondido 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
$3,186
Comp Average
$2,559
8975 Lawrence Welk Drive
2bd / 2ba · 1,392 sqft · Manufactured
$310K
Est. $2,402/mo
525 El Norte Parkway
3bd / 2ba · 1,325 sqft · Manufactured
$475K
Est. $3,186/mo
8975 Lawrence Welk Drive
2bd / 2ba · 1,440 sqft · Manufactured
$399K
Est. $2,402/mo
8975 Lawrence Welk Drive
2bd / 2ba · 1,440 sqft · Manufactured
$425K
Est. $2,402/mo
1815 Lynx Glen
2bd / 2ba · 1,344 sqft · Manufactured
$525K
Est. $2,402/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$839/mo short at 20% down; 52% down or +$1,089/mo rent closes it.
- Break-even price
- $275,247
- Break-even rent
- $4,275/mo
- Cashflow at 35% down
- −$440/mo
- Down payment to break even
- 52%
- Rate to break even
- 2.92%
29% under asking
$1,089/mo above the estimate
$200,200 cash
at 20% down
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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