2089 Silverado Street
Ctop 80%San Marcos, CA 92078Neighborhood: Questhaven/La Costa Meadows
Pass at asking: -$4,395/mo full cashflow at 20% down, 7.36% rate.
Works at $324,710 (64% under asking), or at 91% down.
Rent $3,940/mo from 8 leases of 2–4 bed condos & townhomes within 1 mi, same school area ($3,890–$4,213).
Beds
3
Baths
2
Sqft
1,625
Year Built
2006
Days on Market
1
Property Type
Townhouse
HOA/mo
$552
MLS ID
NDP2610279
This property is in San Marcos (92078). View neighborhood stats →
About This Property
Rare single-story, 3 bedroom, 2 bath townhome with beautiful canyon views and a private backyard in the desirable Calico Bluffs/Larkspur Heights community. This hard-to-find layout combines privacy, scenic surroundings and comfortable living in a convenient North County location. Step outside to your private backyard overlooking the canyon, creating a peaceful setting for relaxing, entertaining or simply enjoying the views. Inside, the home has been thoughtfully updated with LVP flooring installed in 2025, new tile in the primary bedroom and a new water heater in 2025. The oven, heater and air conditioning system were all updated in 2024, and the kitchen features a reverse osmosis water filtration system. Residents enjoy access to a community pool, spa, BBQ area and playground. Conveniently located near shopping, Cal State San Marcos, hiking trails and freeway access, this home makes it easy to enjoy everything North County San Diego has to offer. With its rare single-story floor plan, three bedrooms, private backyard and beautiful canyon views, this is a special opportunity in a highly desirable community.
Mortgage Calculator
Est. Monthly Payment
$6,679
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
$3,940
Comp Average
$3,883
2484 Longstaff Court
3bd / 3ba · 1,458 sqft · Townhouse
$760K
Est. $3,842/mo
1220 Sunrise View
4bd / 2.5ba · 1,640 sqft · Townhouse
$818K
Est. $3,888/mo
2099 Silverado St
3bd / 2ba · 1,570 sqft · Townhouse
$799K
Est. $3,968/mo
188 Watt Road
3bd / 3.5ba · 1,504 sqft · Townhouse
$797K
Est. $3,782/mo
2233 Granby Way
3bd / 2.5ba · 1,650 sqft · Condo
$890K
Est. $3,935/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
8 leases of 2–4 bed condos & townhomes within 1 mi, same school area · $3,890–$4,213
Blended 50/50 with the zip's market median ($3,863)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,395/mo short at 20% down; 91% down or +$5,708/mo rent closes it.
- Break-even price
- $324,710
- Break-even rent
- $9,648/mo
- Cashflow at 35% down
- −$3,464/mo
- Down payment to break even
- 91%
- Rate to break even
- Not reachable
64% under asking
$5,708/mo above the estimate
$818,909 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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