1062 Ponderosa Avenue
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1062 Ponderosa Avenue

B

San Marcos, CA 92069

$800,000
NEW — 2d

Beds

3

Baths

2

Sqft

1,706

Year Built

1974

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604855

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

Virtual Tour

About This Property

Welcome to this charming single-story home situated on a spacious corner lot in the heart of San Marcos! Offering 3 bedrooms and 2 bathrooms, this home features a functional and inviting layout with multiple living spaces perfect for everyday living and entertaining. The formal living room welcomes you with a cozy fireplace and abundant natural light, while the beautifully renovated kitchen showcases quartz countertops and opens seamlessly to the family room. Vaulted ceilings with exposed wood beams and a stunning curved brick fireplace create warmth, character, and an inviting atmosphere. Step outside to the expansive backyard — a true blank slate ready for the next owner to design their dream outdoor retreat, garden, or entertaining space. Ideally located near shopping, dining, parks, hiking trails, and top-rated schools, this home also offers convenient access to Cal State San Marcos, Lake San Marcos, restaurants, and major freeways for easy commuting. Enjoy all that North County living has to offer in this well-located and thoughtfully cared-for home!

Mortgage Calculator

Est. Monthly Payment

$5,079

Principal & Interest$4,045
Property Tax$800
Insurance$233
%($160,000)
%

Location

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Investment Score

56B
Est. Monthly Rent
$4,396
Monthly Cashflow

Rent − PITIA

$-682
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,360

Mortgage (P+I)
$4,045
Cap Rate
2.53%
Cash-on-Cash
-17.70%
DSCR

Need ≥ 1.25 for DSCR loan

0.87
Break-even Rent
$7,461

NOI (Annual)
$20,223
Price-to-Rent

Lower = better for investors

15.2

* 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.

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