1055 Ficus Lane
1 / 15

1055 Ficus Lane

B

San Marcos, CA 92069

$424,888
NEW — 2d

Soft Appraisal Value: $423,100 · 0.4% above estimate

Beds

1

Baths

1

Sqft

744

Year Built

1984

Days on Market

2

Property Type

Condo

HOA/mo

$485

MLS ID

NDP2606450

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

Virtual Tour

About This Property

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 & 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

$3,182

Principal & Interest$2,148
Property Tax$425
Insurance$124
HOA$485
%($84,978)
%

Location

Loading map...

Investment Score

40C
Est. Monthly Rent
$2,184
Monthly Cashflow

Rent − PITIA

$-998
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,855

Mortgage (P+I)
$2,148
Cap Rate
0.83%
Cash-on-Cash
-26.19%
DSCR

Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$4,593

NOI (Annual)
$3,525
Price-to-Rent

Lower = better for investors

16.2

* 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.

Get Expert AnalysisOpen Full Calculator