
525 W El Norte Pkwy 42
Atop 10%Escondido, CA 92026
Pass at asking: -$891/mo full cashflow at 20% down, 7.43% rate.
Works at $199,059 (37% under asking), or at 61% down.
Rent $2,440/mo: zip market median for this bed count.
Beds
2
Baths
2
Sqft
1,440
Year Built
1971
Days on Market
2
Property Type
Manufactured
HOA/mo
$350
MLS ID
260026602SD
This property is in Escondido (92026). Browse neighborhood analytics →
About This Property
PROPERTY IS PRICED ACCORDING TO ITS CONDITION AND BEING SOLD AS-IS. More interior photos to come Mon 11/9. LOCATION LOCATION LOCATION. This is perhaps the best location in Rancho Escondido, with this home sitting within steps of the clubhouse and pool, but off the main path so there's very little vehicle traffic going by. And it backs up to the vast greenbelt, providing amazing and calming views of the grass and trees, and occasional wildlife. And the guest parking is just yards away as well. The property also features one of the larger lots in this land-owned park, giving you plenty of room to garden, as evidenced by the current roses and grapefruit tree. There's a lemon tree within reach as well. The home itself has a warm, cozy feeling but is older and does require some attention to bring it up to modern standards. The covered front patio area and deck off the back give you ample outdoor living space too. ***PROPERTY IS PRICED ACCORDING TO ITS CONDITION*** LOCATION LOCATION LOCATION! This is perhaps the best location in Rancho Escondido, with this home sitting within steps of the clubhouse and pool, but off the main path so there's very little vehicle traffic going by. And it backs up to the vast greenbelt, providing amazing and calming views of the grass and trees, and occasional wildlife. And the guest parking is just yards away as well. The property also features one of the larger lots in this land-owned park, giving you plenty of room to garden, as evidenced by the current roses and grapefruit tree. There's a lemon tree within reach as well. The home itself has a warm, cozy feeling but is older and does require some attention to bring it up to modern standards. The covered front patio area and deck off the back give you ample outdoor living space too. Rancho Escondido itself is one of the nicest 55 and over manufactured home parks in the county with multiple pools, a car washing station, and RV parking as well.
Mortgage Calculator
Est. Monthly Payment
$2,507
Comparable Properties
5 comps foundThis Property
$2,440
Comp Average
$2,440
8975 Lawrence Welk Drive
2bd / 2ba · 1,392 sqft · Manufactured
$315K
Est. $2,440/mo
8975 Lawrence Welk Drive
2bd / 2ba · 1,440 sqft · Manufactured
$399K
Est. $2,440/mo
8975 Lawrence Welk Drive
2bd / 2ba · 1,440 sqft · Manufactured
$425K
Est. $2,440/mo

525 El Norte Parkway
2bd / 2ba · 1,440 sqft · Manufactured
$494K
Est. $2,440/mo
8975 Lawrence Welk Drive
2bd / 2ba · 1,488 sqft · Manufactured
$500K
Est. $2,440/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?
$891/mo short at 20% down; 61% down or +$1,157/mo rent closes it.
- Break-even price
- $199,059
- Break-even rent
- $3,597/mo
- Cashflow at 35% down
- −$563/mo
- Down payment to break even
- 61%
- Rate to break even
- 1.41%
37% under asking
$1,157/mo above the estimate
$192,150 cash
at 20% down
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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