8975 Lawrence Welk Drive #SPC 2
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8975 Lawrence Welk Drive #SPC 2

Atop 10%

Escondido, CA 92026

$309,900

Pass at asking: -$911/mo full cashflow at 20% down, 7.36% rate.

Works at $190,535 (39% under asking), or at 63% down.

Rent $2,402/mo: zip market median for this bed count.

Beds

2

Baths

2

Sqft

1,392

Year Built

1976

Days on Market

121

Property Type

Manufactured

HOA/mo

$393

MLS ID

NDP2606705

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

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About This Property

Located in the highly sought-after Champagne Village 55+ gated community, this well-maintained home offers a bright, comfortable living experience in one of North County’s most picturesque settings. Champagne Village is known for its peaceful, resort-style atmosphere, walkable grounds, and active lifestyle amenities. This home features clean, neutral interiors with cool-daylight lighting, updated flooring, and generous natural light throughout. The kitchen includes ample cabinetry and workspace, while multiple living areas provide flexibility for dining, entertaining, or quiet relaxation. Bedrooms are well-sized, and the bathrooms include accessibility-friendly features such as grab bars and a walk-in tub. Outdoor spaces include a covered patio, mature landscaping, and a private storage shed. Residents of Champagne Village enjoy 24-hour gated security, a heated pool and spa, fitness center, pickleball and tennis courts, dog park, walking trails, RV parking, community garden, woodshop, library, and a full calendar of social activities. The community sits adjacent to the Lawrence Welk Resort, offering scenic surroundings, golf, and dining just moments away. Convenient access to I-15 places shopping, healthcare, and restaurants within easy reach while preserving the quiet, country feel that makes Champagne Village one of Escondido’s most desirable 55+ communities. A wonderful opportunity to enjoy an active, friendly, and beautifully maintained lifestyle in a premier gated senior community.

Mortgage Calculator

Est. Monthly Payment

$2,503

Principal & Interest$1,710
Property Tax$310
Insurance$90
HOA$393
%($61,980)
%
Loan Term

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.

Investment Score

75A
Est. Monthly Rent
$2,402

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

-$101
Full Cashflow

Incl. vacancy, PM, maint, capex

-$911

What would make this work?

$911/mo short at 20% down; 63% down or +$1,184/mo rent closes it.

Break-even price

39% under asking

$190,535
Break-even rent

$1,184/mo above the estimate

$3,586/mo
Cashflow at 35% down
−$591/mo
Down payment to break even

$195,237 cash

63%
Rate to break even

at 20% down

1.01%

Mortgage (P+I)
$1,710
Cap Rate
3.56%
Cash-on-Cash
-17.65%
DSCR

Need ≥ 1.25 for DSCR loan

0.96

NOI (Annual)
$11,022
Price-to-Rent

Lower = better for investors

10.8

* 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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ACashflow−$911/mo