2446 Mica Rd.
Dbottom 20%Carlsbad, CA 92009
Pass at asking: -$12,318/mo full cashflow at 20% down, 7.43% rate.
Works at $596,199 (73% under asking); even all cash loses money at asking.
Rent $6,321/mo from 14 leases of 3–5 bed houses within 1 mi ($6,237–$7,374).
Beds
4
Baths
4
Sqft
3,104
Year Built
2010
Days on Market
0
Property Type
Single Family
HOA/mo
$288
MLS ID
260026564SD
This property is in Carlsbad (92009). View neighborhood stats →
About This Property
Welcome to 2446 Mica Road, a beautifully updated home offering the perfect blend of modern elegance, comfort, and effortless indoor-outdoor living in one of Carlsbad's most desirable neighborhoods. Step inside to discover a light-filled, open-concept floor plan featuring rich, dark hardwood floors, fresh finishes, and inviting spaces designed for both everyday living and entertaining. The renovated kitchen is the heart of the home, showcasing sleek quartz countertops, stainless steel appliances, and a seamless connection to the main living areas. Expansive bifold doors open wide to a lush, grassy backyard, creating an incredible indoor-outdoor flow and a private setting for relaxing, entertaining, or enjoying Carlsbad's year-round coastal climate. Upstairs, you'll find four generously sized bedrooms with brand-new carpeting, including a luxurious primary retreat featuring a spa-inspired bathroom and spacious walk-in closet. A dedicated downstairs office could also be another bedroom and provides the perfect space for working from home, studying, or enjoying a quiet escape. Additional highlights include fully-owned solar panels, offering energy efficiency and savings on electricity costs. Located in the highly regarded Carlsbad school district, near Poinsettia Elementary, Alga Norte Community Park, shopping and dining. Residents also enjoy exclusive access to The Presidio, La Costa Greens' resort-style recreation center featuring a pool, spa, fitness center, tennis and pickleball courts, and clubhouse.
Mortgage Calculator
Est. Monthly Payment
$15,352
Location
Loading map...
Comparable Properties
5 comps foundThis Property
$6,321
Comp Average
$7,115
8040 Corte Sasafras
4bd / 3ba · 2,716 sqft · Single Family
$2.00M
Est. $7,280/mo
3537 Corte Lupe
4bd / 3ba · 2,569 sqft · Single Family
$1.69M
Est. $5,963/mo
6318 Huntington Drive
4bd / 3.5ba · 3,092 sqft · Single Family
$2.29M
Est. $7,800/mo
2199 Camino Robledo
5bd / 4.5ba · 3,356 sqft · Single Family
$2.60M
Est. $7,758/mo
3317 Avenida Anacapa
4bd / 3ba · 3,127 sqft · Single Family
$2.35M
Est. $6,773/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
14 leases of 3–5 bed houses within 1 mi · $6,237–$7,374
Blended 50/50 with the zip's market median ($6,114)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$12,318/mo short at 20% down; +$15,998/mo rent closes it.
- Break-even price
- $596,199
- Break-even rent
- $22,319/mo
- Cashflow at 35% down
- −$10,026/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
73% under asking
$15,998/mo above the estimate
Negative even all-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.
Open Full Calculator