
1811 Sheridan
Ctop 80%San Marcos, CA 92078Neighborhood: Questhaven/La Costa Meadows
Pass at asking: -$8,600/mo full cashflow at 20% down, 7.43% rate.
Works at $750,197 (60% under asking), or at 87% down.
Rent $7,626/mo from 9 leases of 5-bed houses within 2 mi ($6,355–$9,823).
Beds
5
Baths
4.5
Sqft
3,875
Year Built
2007
Days on Market
137
Property Type
Single Family
HOA/mo
$110
MLS ID
AR26139726
This property is in San Marcos (92078). View neighborhood stats →
About This Property
Welcome to Mahogany at Old Creek Ranch, a premier residence situated at the west end of the highly desirable San Elijo community. This expansive five-bedroom, 4.5-bathroom home offers 3,875 square feet of living space, representing the largest and most sought-after floor plan in the development.The property features a sophisticated layout designed for both comfort and entertaining, including: - Grand Interior Spaces: A gorgeous entrance leads to a high-ceiling living room with a fireplace, a formal dining room that opens to a private courtyard, and an extra-large family room complete with a dedicated media area and fireplace. - Gourmet Kitchen: Equipped with a generous center island, gas range, oven, microwave, dishwasher, and a bright breakfast nook. - Master Suite Retreat: An expansive primary suite featuring double vanities, two walk-in closets, an oversize shower, and a relaxing spa-sized soaking tub. - Refined Details: The home is updated with recessed lighting, ceiling fans, and a three-car tandem garage. - Exterior & Landscaping: Professionally designed hardscape with stamped concrete and lush palm trees.Located within the boundaries of top-tier San Marcos schools—including Carrillo Elementary, San Elijo Middle, and San Marcos High—this home offers the quintessential coastal San Elijo lifestyle. You will enjoy close proximity to local shopping, Southern California beaches, and major freeway access.
Mortgage Calculator
Est. Monthly Payment
$12,914
Location
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Zoned Schools
Elementary
Carrillo Elementary · grades K-5 · San Marcos Unified
Middle
San Elijo Middle · grades 6-8 · San Marcos Unified
High
San Marcos High · grades 9-12 · San Marcos Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$7,626
Comp Average
$6,956

2653 Fallsview Rd
4bd / 4.5ba · 3,755 sqft · Single Family
$1.65M
Est. $7,091/mo
250 Treasure Drive
5bd / 3.5ba · 3,521 sqft · Single Family
$1.59M
Est. $6,536/mo
958 Camino Del Arroyo Drive
4bd / 4.5ba · 3,915 sqft · Single Family
$2.05M
Est. $7,197/mo
813 Genoa Way
5bd / 4.5ba · 4,011 sqft · Single Family
$2.40M
Est. $7,495/mo
781 Joy Court
5bd / 4.5ba · 4,291 sqft · Single Family
$2.19M
Est. $6,463/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. San Marcos does not allow short-term rentals in residential zones. See the rules
Investment Score
9 leases of 5-bed houses within 2 mi · $6,355–$9,823
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$8,600/mo short at 20% down; 87% down or +$11,169/mo rent closes it.
- Break-even price
- $750,197
- Break-even rent
- $18,795/mo
- Cashflow at 35% down
- −$6,652/mo
- Down payment to break even
- 87%
- Rate to break even
- Not reachable
60% under asking
$11,169/mo above the estimate
$1,626,899 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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