1055 Ficus Lane
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1055 Ficus Lane

C

San Marcos, CA 92069

$458,800

Soft Appraisal Value: $457,000 · 0.4% above estimate

Beds

1

Baths

1

Sqft

744

Year Built

1984

Days on Market

110

Property Type

Townhouse

HOA/mo

$485

MLS ID

NDP2600303

This property is in San Marcos (92069). View neighborhood stats →

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About This Property

Price Improvement... Seller will entertain offers between $448,800 and $458,800. Stylish - Updated - Perfectly Located! This charming, modern 1 BR / 1 BA condo offers the perfect blend of comfort, style and convenience. Enjoy a brand-new kitchen featuring white shaker cabinets, sleek black hardware, an oversized farmhouse sink and gorgeous quartz countertops. The open floor plan is enhanced by a vaulted living / dining ceiling, adding lots of natural daylight for a bright, spacious feel. Additional upgrades include new windows with woven wood coverings, brand new Berber carpeting, and a remodeled bathroom. The spacious owner’s suite features floor to ceiling mirrored doors, and the home includes an in-unit full-size stackable washer & dryer. Relax on your private balcony or enjoy the resort-style amenities including community pool & spa, dog park, playground and picnic area. The community offers a gated entry courtyard to all condos, an attached 1-car garage plus a second designated parking space. No Mello-Roos & FHA / VA approved. Prime location with quick access to Hwy 78 & I-15, close to Cal State San Marcos, Palomar College, and walking distance to shopping and dining. A fantastic opportunity for first-time buyers, investors or buyers who desire a low-maintenance lifestyle close to everything.

Mortgage Calculator

Est. Monthly Payment

$3,398

Principal & Interest$2,320
Property Tax$459
Insurance$134
HOA$485
%($91,760)
%

Location

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Investment Score

35C
Est. Monthly Rent
$2,200
Monthly Cashflow

Rent − PITIA

$-1,198
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,086

Mortgage (P+I)
$2,320
Cap Rate
0.61%
Cash-on-Cash
-27.28%
DSCR

Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$4,909

NOI (Annual)
$2,806
Price-to-Rent

Lower = better for investors

17.4

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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