8964 Mount Israel Road
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8964 Mount Israel Road

Ctop 80%

Escondido, CA 92029

$1,350,000

Pass at asking: -$6,988/mo full cashflow at 20% down, 7.36% rate.

Works at $435,678 (68% under asking), or at 96% down.

Rent $4,324/mo from 8 leases of 2–4 bed houses in 92029 ($3,875–$5,258).

Beds

3

Baths

2

Sqft

1,848

Year Built

1975

Days on Market

73

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2608180

This property is in Escondido (92029). Browse neighborhood analytics →

Virtual Tour

About This Property

Welcome to a private, gated road, single story ranch in the hills off Del Dios, with the space and flexibility to create something truly your own. Whether you're dreaming of a homestead, family compound, equestrian property, or simply more room to live, this property offers endless possibilities. The “V” animal designator allows for horses, with riding facilities just across the street and miles of trails around the area and Lake Hodges. Northwest ocean breezes help keep summer temperatures cooler, while the elevated setting delivers beautiful sunset views. The main home offers 3 bedrooms and 2 baths in 1,848 original square feet, plus an additional one bedroom, one bath suite garage addition, for an estimated 2,400 square feet under roof per the owner. Four additional outbuildings create options for storage, workshops, hobbies, animals, or future plans. One is the original home on the property, believed to date back to the 1940s. There is room here for gardens, animals, homeschooling, multi-generational living, projects, or just having space between you and your neighbors. And while it feels tucked away, the everyday conveniences of Rancho Santa Fe and Escondido are just minutes away. If you've been looking for more land, more privacy, and more freedom to create the lifestyle you actually want, this is one worth seeing.

Mortgage Calculator

Est. Monthly Payment

$9,192

Principal & Interest$7,448
Property Tax$1,350
Insurance$394
%($270,000)
%
Loan Term

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.

Investment Score

6C
Est. Monthly Rent
$4,324

8 leases of 2–4 bed houses in 92029 · $3,875–$5,258

Blended 50/50 with the zip's market median ($4,290)

Monthly Cashflow

Rent − PITIA

-$4,868
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,988

What would make this work?

$6,988/mo short at 20% down; 96% down or +$9,075/mo rent closes it.

Break-even price

68% under asking

$435,678
Break-even rent

$9,075/mo above the estimate

$13,399/mo
Cashflow at 35% down
−$5,591/mo
Down payment to break even

$1,296,000 cash

96%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,448
Cap Rate
0.60%
Cash-on-Cash
-31.06%
DSCR

Need ≥ 1.25 for DSCR loan

0.47

NOI (Annual)
$8,120
Price-to-Rent

Lower = better for investors

26.0

* 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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CCashflow−$6,988/mo