1286 Discovery Street
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1286 Discovery Street #130

A

San Marcos, CA 92078

$438,200
NEW — 1d

Soft Appraisal Value: $437,600 · 0.1% above estimate

Beds

3

Baths

2

Sqft

1,280

Year Built

2023

Days on Market

1

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2605937

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

Virtual Tour

About This Property

Welcome home to Valle Verde Estates! Built in 2023, this delightful, rent-controlled 55+ home perfectly blends modern style with effortless comfort. Inside, you'll find a bright, open floor plan featuring three bedrooms, two baths, a spacious walk-in closet, and stunning plank laminate floors. The heart of the home boasts a sleek kitchen complete with white cabinetry, a water filtration system, designer tile backsplash, and stainless-steel appliances. Every detail is designed to make life easier—from the energy-efficient dual-pane windows, 6 sky tubes for natural lighting and low-maintenance landscaping to solar tubes to the included washer and dryer. Outside, enjoy a charming covered front porch, a 2-car covered carport, and a clean storage shed. Move-in ready and filled with contemporary charm, this home is a must-see!

Mortgage Calculator

Est. Monthly Payment

$2,782

Principal & Interest$2,216
Property Tax$438
Insurance$128
%($87,640)
%

Location

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Investment Score

77A
Est. Monthly Rent
$2,848
Monthly Cashflow

Rent − PITIA

+$66
Full Cashflow

Incl. vacancy, PM, maint, capex

$-954

Mortgage (P+I)
$2,216
Cap Rate
3.45%
Cash-on-Cash
-13.07%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$4,087

NOI (Annual)
$15,139
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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