
965 Lincoln Ave
Atop 10%Escondido, CA 92026
Pass at asking: -$1,550/mo full cashflow at 20% down, 7.43% rate.
Works at $398,232 (34% under asking), or at 58% down.
Rent $3,972/mo from 11 leases of 3-bed houses within 2 mi ($3,307–$3,823).
Beds
3
Baths
2
Sqft
1,192
Year Built
1957
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2610051
This property is in Escondido (92026). Browse neighborhood analytics →
About This Property
Investors, this is the opportunity you've been waiting for! R-3 Zoning in the heart of Escondido! This property sits on almost 0.25-acre lot with R-3 zoning and offers tons of potential for your next project! The property features two units. A 2 bedroom, 1 bathroom main home and a separate 1 bedroom, 1 bathroom unit. The main home has been rewired and repiped, and the kitchen was recently remodeled! The second unit has also been recently remodeled, giving this property even more potential. You'll also find plenty of parking, a fenced lot, and lots of space to bring your ideas to life. Whether you're an investor, contractor, or buyer looking for your next project, this property is worth a look! With its great location, recent improvements, and R-3 zoning, there are plenty of possibilities to explore. Please note: The property currently has open city code violations, including unpermitted improvements that require correction or removal. Buyers are encouraged to verify zoning, permits, unit legality, and possible uses with the City of Escondido. A great opportunity with lots of potential! Bring your vision and don't miss out!
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Est. Monthly Payment
$4,108
Location
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Comparable Properties
5 comps foundThis Property
$3,972
Comp Average
$3,624

2158 Country Pl
3bd / 2ba · 1,237 sqft · Single Family
$710K
Est. $3,859/mo
1933 Golden Circle
3bd / 2ba · 1,413 sqft · Single Family
$775K
Est. $4,133/mo
8691 Circle R Course Lane
2bd / 2ba · 1,266 sqft · Single Family
$609K
Est. $3,235/mo
10292 Canyon Dr.
3bd / 2ba · 1,344 sqft · Single Family
$816K
Est. $3,530/mo
1301 Gary Lane
2bd / 2ba · 1,236 sqft · Single Family
$725K
Est. $3,364/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 3-bed houses within 2 mi · $3,307–$3,823
Blended 50/50 with the zip's market median ($4,142)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,550/mo short at 20% down; 58% down or +$2,013/mo rent closes it.
- Break-even price
- $398,232
- Break-even rent
- $5,985/mo
- Cashflow at 35% down
- −$925/mo
- Down payment to break even
- 58%
- Rate to break even
- 2.04%
34% under asking
$2,013/mo above the estimate
$347,999 cash
at 20% down
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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