1286 Discovery Street
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1286 Discovery Street #129

A

San Marcos, CA 92078

$249,000
NEW — 4d

Soft Appraisal Value: $811,300 · 69.3% below estimate

Beds

2

Baths

2

Sqft

1,440

Year Built

1973

Days on Market

4

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2605202

This property is in San Marcos (92078). View neighborhood stats →

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About This Property

Exceptionally well-maintained 2-bedroom, 2-bath manufactured home in the highly desirable Valle Verde Mobile Estates community of San Marcos. Ideally located near Lake San Marcos and all it has to offer, including restaurants, golf, tennis, boating, and fishing. This inviting home includes all appliances and features spacious bedrooms, each with a walk-in closet. The generously sized primary suite offers dual sinks, a storage closet, and a tub/shower combination. A beautiful permitted California room provides additional living space and is perfect for relaxing or entertaining. Outside, you'll enjoy attractive landscaping with mature trees, lush plants, and colorful rose bushes that create a peaceful setting. Residents of Valle Verde Mobile Estates enjoy an impressive array of amenities, including a pool, spa, clubhouse with game room, fitness center, dog park, car wash area, and computer center. A wonderful opportunity to enjoy comfortable living in a vibrant 55+ community close to recreation, dining, and everyday conveniences.

Mortgage Calculator

Est. Monthly Payment

$1,581

Principal & Interest$1,259
Property Tax$249
Insurance$73
%($49,800)
%

Location

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Investment Score

81A
Est. Monthly Rent
$1,619
Monthly Cashflow

Rent − PITIA

+$38
Full Cashflow

Incl. vacancy, PM, maint, capex

$-542

Mortgage (P+I)
$1,259
Cap Rate
3.46%
Cash-on-Cash
-13.06%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$2,323

NOI (Annual)
$8,606
Price-to-Rent

Lower = better for investors

12.8

* 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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