
868 Park Drive
Ctop 80%Escondido, CA 92029
Pass at asking: -$5,990/mo full cashflow at 20% down, 7.43% rate.
Works at $448,934 (63% under asking), or at 91% down.
Rent $4,478/mo from 13 leases of 2–4 bed houses within 2 mi ($4,055–$4,671).
Beds
3
Baths
2.5
Sqft
1,946
Year Built
1967
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
SW26236305
This property is in Escondido (92029). Browse neighborhood analytics →
About This Property
Tucked away behind a private gate on an expansive 0.36-acre lot, this charming Escondido residence offers privacy, tranquility, and everyday convenience. Featuring 3 bedrooms, 2.5 bathrooms, and 1,946 sq ft of living space, this inviting home captures the essence of Southern California living, with room to relax, entertain, and make lasting memories. Step outside into your very own backyard oasis, where a heated swimming pool, relaxing jacuzzi, and spacious grounds set the stage for year-round enjoyment. Imagine sunny afternoons lounging poolside, weekend gatherings with family and friends, or peaceful mornings enjoying the natural beauty surrounding your home. Two fireplaces, thoughtfully located in the living room and family room, create inviting gathering spaces perfect for cozy evenings. Adding to the property's charm is an impressive collection of mature fruit trees, including avocado, strawberry guava, orange, grapefruit, lemon, and lime—allowing you to enjoy fresh, homegrown produce right from your own yard! Situated on a generous 15,682-square-foot lot, the property offers two potential locations for Accessory Dwelling Units (ADUs), presenting exciting opportunities for multigenerational living, and guest accommodations. Recent improvements add even more appeal, including a new roof, fully paid-off solar system, and new sliding glass doors, combining modern conveniences with the home's established character. Location is another standout feature! Enjoy the peaceful atmosphere of a private retreat without sacrificing accessibility. Within walking distance of Felicita County Park, residents can enjoy scenic walking trails, lush greenery, picnic areas, and peaceful outdoor spaces just moments from home. Outdoor enthusiasts will also appreciate being approximately 10 minutes from Lake Hodges, known for its scenic nature trails, hiking, biking, and breathtaking surroundings. Everyday essentials are equally convenient, with quick access to Interstate 15, grocery stores, gas stations, shopping, and dining. Approximately 5 minutes from North County Mall and near historic Downtown Escondido, where charming local restaurants, boutiques, entertainment, and community events offer something for everyone. Whether you're searching for a peaceful personal sanctuary, a home designed for entertaining, or a property with exciting future possibilities, 868 Park Drive offers a rare combination of space, privacy, location, and versatility.
Mortgage Calculator
Est. Monthly Payment
$8,414
Location
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Zoned Schools
Elementary
Bernardo Elementary · grades K-5 · Escondido Union
Middle
Bear Valley Middle · 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.
Comparable Properties
5 comps foundThis Property
$4,478
Comp Average
$4,582

21415 Riding Trail Drive
3bd / 2.5ba · 1,873 sqft · Single Family
$925K
Est. $4,436/mo
2141 Emberwood Way
4bd / 2.5ba · 1,991 sqft · Single Family
$995K
Est. $4,567/mo
1954 Vermel Ave.
4bd / 2ba · 1,852 sqft · Single Family
$1.10M
Est. $4,574/mo

8964 Mount Israel Road
3bd / 2ba · 1,848 sqft · Single Family
$1.35M
Est. $4,480/mo
9419 Mount Israel
3bd / 2.5ba · 2,250 sqft · Single Family
$1.60M
Est. $4,851/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of 2–4 bed houses within 2 mi · $4,055–$4,671
Blended 50/50 with the zip's market median ($4,602)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,990/mo short at 20% down; 91% down or +$7,779/mo rent closes it.
- Break-even price
- $448,934
- Break-even rent
- $12,257/mo
- Cashflow at 35% down
- −$4,710/mo
- Down payment to break even
- 91%
- Rate to break even
- Not reachable
63% under asking
$7,779/mo above the estimate
$1,118,288 cash
Negative even at a 0% loan
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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