2166 Silverado St
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2166 Silverado St

D

San Marcos, CA 92078

$825,000

Soft Appraisal Value: $816,100 · 1.1% above estimate

Beds

2

Baths

2.5

Sqft

1,458

Year Built

2005

Days on Market

46

Property Type

Townhouse

HOA/mo

$552

MLS ID

260008863SD

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

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About This Property

ONE YEAR OF HOA FEES COVERED BY THE SELLER — that’s a $552/month savings your first year! Welcome to your beautifully updated and peaceful townhome in Larkspur Heights, where natural light and thoughtful upgrades create a warm, inviting place to call home. The flexible floor plan offers an optional 3rd bedroom on the entry level with french doors and access to a private patio, a quiet and comfortable space perfect for guests or a home office. Upstairs, two bedrooms each feature an ensuite bathroom. This primary suite is serene with lime-washed walls that add soft texture and a calming feel. The kitchen has been tastefully updated with painted cabinetry, new fixtures, a new sink and faucet, a new refrigerator and microwave. The living room is comfortable and elevated, with added molding, sconces, a built-in entertainment cabinet, and a new fan that tie the space together. Upgrades throughout include new flooring, a remodeled powder room with new vanity, mirror, lighting; added trim details, and new hardware on all interior doors; and a digital entry door handle. Additional features include in-unit laundry and a two-car attached garage with direct access. Residents enjoy a well-maintained community with a pool, BBQ area, and park. Located within the top-rated San Marcos Unified School District, including Carrillo Elementary, San Elijo Middle School, and San Marcos High School.

Mortgage Calculator

Est. Monthly Payment

$5,789

Principal & Interest$4,172
Property Tax$825
Insurance$241
HOA$552
%($165,000)
%

Location

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Investment Score

18D
Est. Monthly Rent
$3,484
Monthly Cashflow

Rent − PITIA

$-2,306
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,794

Mortgage (P+I)
$4,172
Cap Rate
0.55%
Cash-on-Cash
-27.60%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$8,412

NOI (Annual)
$4,526
Price-to-Rent

Lower = better for investors

19.7

* 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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