830 Lincoln Ave #186
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830 Lincoln Ave #186

Btop 30%

Escondido, CA 92026

$335,000
STR limited · Escondido pilot, owners only · TOT 10%

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Pass at asking: -$1,555/mo full cashflow at 20% down, 7.36% rate.

Works at $131,625 (61% under asking), or at 88% down.

Rent $2,176/mo from 17 leases of 2-bed condos & townhomes within 2 mi ($2,033–$2,467).

Beds

2

Baths

1

Sqft

787

Year Built

1979

Days on Market

67

Property Type

Condo

HOA/mo

$670

MLS ID

260021856SD

This property is in Escondido (92026). Browse neighborhood analytics →

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About This Property

NEW PRICE! REDUCED NEARLY $15,000 — Excellent opportunity for first time homebuyers and investors ! Discover this ground-floor, 2-bedroom, 1-bath condo in the gated Village Green community of Escondido. Featuring freshly painted interiors, granite kitchen countertops, stainless steel appliances, and a separate dining area, this home offers a functional layout with opportunities to add your own personal touches. Enjoy a private enclosed patio, perfect for morning coffee or relaxing outdoors, along with a convenient storage area featuring washer and dryer hookups. Two assigned parking spaces, including one covered carport and one uncovered space, add everyday convenience. Village Green offers a community swimming pool and tennis court. The monthly HOA fee includes water, hot water, sewer, trash, exterior building maintenance, and common-area upkeep. Conveniently located near shopping, restaurants, Costco, Cal State San Marcos, Palomar College, and easy access to Highway 78 and I-15.

Mortgage Calculator

Est. Monthly Payment

$2,951

Principal & Interest$1,848
Property Tax$335
Insurance$98
HOA$670
%($67,000)
%
Loan Term

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.

Investment Score

49B
Est. Monthly Rent
$2,176

17 leases of 2-bed condos & townhomes within 2 mi · $2,033–$2,467

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$775
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,555

What would make this work?

$1,555/mo short at 20% down; 88% down or +$2,019/mo rent closes it.

Break-even price

61% under asking

$131,625
Break-even rent

$2,019/mo above the estimate

$4,195/mo
Cashflow at 35% down
−$1,208/mo
Down payment to break even

$294,800 cash

88%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$1,848
Cap Rate
1.44%
Cash-on-Cash
-27.85%
DSCR

Need ≥ 1.25 for DSCR loan

0.74

NOI (Annual)
$4,826
Price-to-Rent

Lower = better for investors

12.8

* 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−$1,555/mo