654 Schafer Place
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654 Schafer Place

C

Escondido, CA 92025

$989,000

Soft Appraisal Value: $979,900 · 0.9% above estimate

Beds

4

Baths

2

Sqft

1,806

Year Built

1979

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009674SD

This property is in Escondido (92025). View neighborhood stats →

Virtual Tour

About This Property

Discover a truly stunning, beautifully remodeled home nestled in the heart of Escondido where comfort, style, and breathtaking views come together in perfect harmony! This inviting home features 4 bedrooms and 2 full baths, designed for both everyday living and effortless entertaining. The fully remodeled primary suite is conveniently located on the first level, offering a serene private retreat complete with an elegant ensuite bath and a generous walk-in closet. Step inside and feel the excitement of fresh, modern upgrades throughout! Brand-new laminate flooring elevates every bedroom, while rich hardwood floors flow seamlessly from the living room into the kitchen and dining area. The open-concept layout creates an airy, welcoming space that feels both expansive and cozy perfect for gathering, relaxing, and making memories. At the heart of the home, the kitchen truly shines! A gorgeous granite island takes center stage, complemented by a sleek new backsplash, stainless steel appliances, and fresh paint, an entertainer’s dream and the perfect place to enjoy everything from casual breakfasts to festive dinners. Step outside to your own private oasis! The sparkling pool invites you to soak up the sunshine, host unforgettable get-togethers, or simply unwind while taking in sweeping city views framed by distant mountain silhouettes. As evening falls, the balcony becomes your personal sanctuary ideal for sipping a glass of wine or tea while enjoying the tranquil glow of city lights. Centrally located and close to I-15. Come and see this gorgeous homes and make it yours! Plus, with fully paid-off solar, you can stay cool all summer long while keeping energy costs low. No HOA and low-maintenance rock landscaping add even more convenience to this exceptional property. This home truly has it all—style, comfort, efficiency, and unforgettable views. Experience it for yourself and imagine the incredible lifestyle waiting for you here! Some photos are virtually staged to enhance your imaginations.

Mortgage Calculator

Est. Monthly Payment

$6,278

Principal & Interest$5,001
Property Tax$989
Insurance$288
%($197,800)
%

Location

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Investment Score

40C
Est. Monthly Rent
$4,913
Monthly Cashflow

Rent − PITIA

$-1,365
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,319

Mortgage (P+I)
$5,001
Cap Rate
2.04%
Cash-on-Cash
-20.14%
DSCR

Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$9,223

NOI (Annual)
$20,182
Price-to-Rent

Lower = better for investors

16.8

* 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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