205 Mission Villas Road

205 Mission Villas Road

B

San Marcos, CA 92069

$719,999

Soft Appraisal Value: $717,100 · 0.4% above estimate

Beds

3

Baths

2.5

Sqft

1,331

Year Built

2022

Days on Market

100

Property Type

Condo

HOA/mo

$360

MLS ID

SW26050318

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

About This Property

Welcome to this modern corner-unit townhome in the highly desirable Mission Villas community of San Marcos. Built in 2022, this tri-level home offers the perfect combination of location, lifestyle, and long-term value and PAID SOLAR.Ideally situated just minutes from Kaiser Permanente Hospital and Medical Offices, Palomar Health facilities, and California State University San Marcos, this home is an excellent option for first-time homebuyers, medical professionals, healthcare workers, university faculty, staff, and students seeking a convenient commute and low-maintenance living.The bright and open second level serves as the heart of the home, featuring a spacious living room, dining area, and contemporary kitchen with a large center island, abundant cabinetry, and generous counter space—perfect for everyday living and entertaining. A convenient powder room is also located on this level.The top floor features all three bedrooms, including a private primary suite with its own bathroom and spacious closet. Two additional bedrooms provide flexibility for guests, a home office, roommates, or growing households. A dedicated upstairs laundry area adds everyday convenience.Additional highlights include owned solar, central heating and air conditioning, dual-pane windows, an attached two-car garage with direct access, EV charger, and extra storage space.For investors, this location offers strong rental appeal due to its close proximity to Cal State San Marcos, major healthcare employers, and Camp Pendleton. It may also be an attractive option for parents looking to purchase housing for college students attending the university.Mission Villas residents enjoy community BBQ and picnic areas, a playground, and convenient access to shopping, dining, parks, and Highway 78 for easy travel throughout North County San Diego.VA loan assumption may be available for qualified buyers (buyer to verify all terms and eligibility). Buyers are encouraged to verify all information, including square footage, HOA details, and loan assumption requirements.

Mortgage Calculator

Est. Monthly Payment

$4,931

Principal & Interest$3,641
Property Tax$720
Insurance$210
HOA$360
%($144,000)
%

Location

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Investment Score

39C
Est. Monthly Rent
$3,615
Monthly Cashflow

Rent − PITIA

$-1,316
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,747

Mortgage (P+I)
$3,641
Cap Rate
1.49%
Cash-on-Cash
-22.89%
DSCR

Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$7,183

NOI (Annual)
$10,723
Price-to-Rent

Lower = better for investors

16.6

* 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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