
219 Mission Villas Rd
Ctop 80%San Marcos, CA 92069Neighborhood: Richland
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$2,901/mo full cashflow at 20% down, 7.43% rate.
Works at $247,260 (60% under asking), or at 87% down.
Rent $2,922/mo from 12 leases of 1–3 bed condos & townhomes within 1 mi ($3,059–$3,302).
Beds
2
Baths
2.5
Sqft
1,105
Year Built
2022
Days on Market
97
Property Type
Townhouse
HOA/mo
$351
MLS ID
260018632SD
This property is in San Marcos (92069). View neighborhood stats →
About This Property
Owned solar keeps electric under $30/month (per seller), and the garage is already wired for an EV charger. This 2022 KB Home townhome was upgraded well past builder standard by its original owner. Large-format porcelain tile runs through the entry, great room, kitchen and baths. The kitchen has quartz counters, a center island, upgraded cabinetry with dovetail soft-close drawers, and a full stainless appliance package. A slider opens to a private covered balcony. Upstairs are two bedrooms, each with its own bath, plus bedroom-level laundry. The primary suite adds an extended vanity, a clear glass shower and a walk-in closet. The smart-home package includes a dual-zone Wi-Fi thermostat, whole-home air purifier, smart water meter with automatic leak shutoff, and smart lighting throughout. The 2-car garage has an epoxy floor and keyless entry. You’re minutes from CSUSM, North City dining and shops, Kaiser San Marcos, the 78 and the Sprinter. It’s nearly new, the utility bills are low, and there’s nothing to fix & low HOA!
Mortgage Calculator
Est. Monthly Payment
$4,630
Location
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Zoned Schools
Elementary
Richland Elementary · grades K-5 · San Marcos Unified
Middle
Woodland Park Middle · grades 6-8 · San Marcos Unified
High
Mission Hills 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
$2,922
Comp Average
$3,128
404 Zoey Ln
2bd / 2.5ba · 1,163 sqft · Townhouse
$580K
Est. $3,926/mo
203 Sarina Lane
2bd / 2.5ba · 1,163 sqft · Townhouse
$580K
Est. $2,937/mo
205 Sarina Lane
2bd / 2.5ba · 1,163 sqft · Townhouse
$580K
Est. $2,937/mo
402 Zoey Lane
2bd / 2.5ba · 1,163 sqft · Townhouse
$580K
Est. $2,937/mo
207 Sarina Lane
2bd / 2.5ba · 1,163 sqft · Townhouse
$585K
Est. $2,901/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 1–3 bed condos & townhomes within 1 mi · $3,059–$3,302
Blended 50/50 with the zip's market median ($2,656)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,901/mo short at 20% down; 87% down or +$3,768/mo rent closes it.
- Break-even price
- $247,260
- Break-even rent
- $6,690/mo
- Cashflow at 35% down
- −$2,250/mo
- Down payment to break even
- 87%
- Rate to break even
- Not reachable
60% under asking
$3,768/mo above the estimate
$543,749 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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