2241 Indus Way
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2241 Indus Way

B

San Marcos, CA 92078

$525,000

Soft Appraisal Value: $522,400 · 0.5% above estimate

Beds

2

Baths

2.5

Sqft

1,158

Year Built

2018

Days on Market

138

Property Type

Townhouse

HOA/mo

$277

MLS ID

PTP2600095

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

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About This Property

**Deed Restricted Affordable Housing Unit, Buyer must meet income limits and qualification guidelines. **Welcome to 2241 Indus Way, a beautifully upgraded tri-level townhome located in the highly desirable Solaire community of San Marcos. This modern 2-bedroom, 2.5-bath residence features an open-concept floor plan with abundant natural light, premium laminate flooring, and a spacious kitchen complete with granite countertops, stainless steel appliances, and a large center island ideal for entertaining. Enjoy a private balcony, attached 2-car garage, and thoughtfully designed living spaces throughout. The spacious primary suite offers dual vanities and a walk-in closet, while the secondary bedroom includes its own en-suite bathroom. Residents enjoy resort-style community amenities including a pool, spa, BBQ area, playground, parks, and walking trails. Conveniently located near shopping, dining, Cal State San Marcos, award-winning schools, and major freeways. Rare opportunity to own in one of North County’s most sought-after communities through the City of San Marcos affordable housing program. Qualifications and program guidelines can be found on the site below. https://affordablehousingsocal.com

Mortgage Calculator

Est. Monthly Payment

$3,610

Principal & Interest$2,655
Property Tax$525
Insurance$153
HOA$277
%($105,000)
%

Location

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Investment Score

53B
Est. Monthly Rent
$2,888
Monthly Cashflow

Rent − PITIA

$-722
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,823

Mortgage (P+I)
$2,655
Cap Rate
1.90%
Cash-on-Cash
-20.84%
DSCR

Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$5,256

NOI (Annual)
$9,975
Price-to-Rent

Lower = better for investors

15.1

* 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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