8975 Lawrence Welk Drive #291
Btop 30%Escondido, CA 92026
Pass at asking: -$2,360/mo full cashflow at 20% down, 7.36% rate.
Works at $191,079 (62% under asking), or at 89% down.
Rent $2,402/mo: zip market median for this bed count.
Beds
2
Baths
2
Sqft
1,488
Year Built
1983
Days on Market
223
Property Type
Manufactured
HOA/mo
$389
MLS ID
NDP2603237
This property is in Escondido (92026). Browse neighborhood analytics →
About This Property
This stunning residence boasts a fully remodeled kitchen and baths, offering you the perfect blend of modern amenities and timeless elegance. Nestled amidst beautiful landscaping, this home invites tranquility from the moment you arrive. Step onto the large covered porch where you can enjoy morning coffee or evening gatherings, providing an ideal outdoor living space for every season. With key updates, including a new roof and water heater replaced in 2019, this home ensures peace of mind for years to come. The open layout enhances natural light flow, creating warm and inviting spaces for relaxation or entertaining guests. 433A in place and you own the land. Don't miss your opportunity to settle into this lovingly upgraded haven that perfectly balances style and function in Escondido's vibrant community. Whether you're hosting family events or finding quiet moments in lush surroundings, this property offers it all! Schedule your private tour today—your serene oasis awaits!
Mortgage Calculator
Est. Monthly Payment
$3,793
Location
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Zoned Schools
Elementary
Reidy Creek Elementary · grades K-5 · Escondido Union
Middle
Rincon Middle · 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.
Comparable Properties
5 comps foundThis Property
$2,402
Comp Average
$2,402
8975 Lawrence Welk Drive
2bd / 2ba · 1,440 sqft · Manufactured
$399K
Est. $2,402/mo
8975 Lawrence Welk Drive
2bd / 2ba · 1,440 sqft · Manufactured
$425K
Est. $2,402/mo
525 El Norte Pkwy.
2bd / 2ba · 1,512 sqft · Manufactured
$490K
Est. $2,402/mo
525 El Norte Parkway
2bd / 2ba · 1,440 sqft · Manufactured
$494K
Est. $2,402/mo
1815 Lynx Glen
2bd / 2ba · 1,344 sqft · Manufactured
$525K
Est. $2,402/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,360/mo short at 20% down; 89% down or +$3,065/mo rent closes it.
- Break-even price
- $191,079
- Break-even rent
- $5,467/mo
- Cashflow at 35% down
- −$1,843/mo
- Down payment to break even
- 89%
- Rate to break even
- Not reachable
62% under asking
$3,065/mo above the estimate
$444,956 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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