686 Devon Place
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686 Devon Place

Btop 30%

Escondido, CA 92025

$877,000
NEW — 2d

Pass at asking: -$3,180/mo full cashflow at 20% down, 7.36% rate.

Works at $460,915 (47% under asking), or at 73% down.

Rent $4,574/mo from 12 leases of 3–5 bed houses within 1 mi ($4,167–$4,716).

Beds

4

Baths

3

Sqft

1,848

Year Built

1999

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2607904

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

Virtual Tour

About This Property

WELCOME to 686 Devon Place, a thoughtfully upgraded 4-bedroom, 3-full-bath home situated on a cul-de-sac in Escondido. With a versatile floor plan, this home offers a convenient main-level bedroom and an adjacent full bathroom, plus three additional bedrooms upstairs. The spacious primary suite includes a walk-in closet and an ensuite bathroom with a separate soaking tub and shower. The updated kitchen features engineered quartz countertops, an extended counter providing additional workspace and seating, and an integrated pull-out trash cabinet. Interior highlights include wood-look tile flooring, carpeting, a fireplace, decorative lighting, an oak staircase railing, dual-pane windows, ceiling fans, upgraded closet doors with glass-panel accents, and window blinds throughout. Additional improvements include a central heating and air conditioning system installed about two years ago, plus attic remediation, rodent-proofing, refurbishment, and foam insulation. A finished garage with built-in cabinetry provides additional storage, while a finished under-stair flex space offers versatility for a workspace, reading area, or storage. Step outside to a covered patio and enjoy mountain views. With its combination of interior upgrades, flexible living spaces, and practical improvements, 686 Devon Place offers an inviting opportunity to enjoy Escondido living.

Mortgage Calculator

Est. Monthly Payment

$5,971

Principal & Interest$4,839
Property Tax$877
Insurance$256
%($175,400)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Felicita Elementary · grades K-5 · Escondido Union

  • Middle

    Del Dios Academy of Arts and Sciences · grades 6-8 · Escondido Union

  • High

    San Pasqual 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.

Investment Score

46B
Est. Monthly Rent
$4,574

12 leases of 3–5 bed houses within 1 mi · $4,167–$4,716

Blended 50/50 with the zip's market median ($4,791)

Monthly Cashflow

Rent − PITIA

-$1,398
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,180

What would make this work?

$3,180/mo short at 20% down; 73% down or +$4,130/mo rent closes it.

Break-even price

47% under asking

$460,915
Break-even rent

$4,130/mo above the estimate

$8,704/mo
Cashflow at 35% down
−$2,273/mo
Down payment to break even

$640,210 cash

73%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,839
Cap Rate
2.58%
Cash-on-Cash
-21.76%
DSCR

Need ≥ 1.25 for DSCR loan

0.77

NOI (Annual)
$22,642
Price-to-Rent

Lower = better for investors

16.0

* 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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BCashflow−$3,180/mo