1401 El Norte Parkway
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1401 El Norte Parkway #282

B

San Marcos, CA 92069

$549,900

Soft Appraisal Value: $318,400 · 72.7% above estimate

Beds

2

Baths

2

Sqft

1,333

Year Built

2025

Days on Market

64

Property Type

Manufactured

HOA/mo

$222

MLS ID

260004770SD

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

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About This Property

Own the Land and with a very low monthly HOA of $220.00. This is a brand new Silvercrest manufactured home. Some details include a full width 6' deep factory built front porch with Trex decking, Hardi panel siding throughout the exterior, 30yr architectural composition roof shingles, drywall throughout interior of home, Corian countertops with solid wood faced cabinets throughout, Vinyl plank flooring with carpet in bedrooms and den.

Mortgage Calculator

Est. Monthly Payment

$3,713

Principal & Interest$2,781
Property Tax$550
Insurance$160
HOA$222
%($109,980)
%

Location

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Investment Score

49B
Est. Monthly Rent
$2,820
Monthly Cashflow

Rent − PITIA

$-892
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,999

Mortgage (P+I)
$2,781
Cap Rate
1.70%
Cash-on-Cash
-21.81%
DSCR

Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$5,417

NOI (Annual)
$9,375
Price-to-Rent

Lower = better for investors

16.3

* 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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