2907 Santa Fe Avenue
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2907 Santa Fe Avenue #57

A

San Marcos, CA 92069

$279,900

Soft Appraisal Value: $748,000 · 62.6% below estimate

Beds

2

Baths

2

Sqft

720

Year Built

1971

Days on Market

8

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2605204

This property is in San Marcos (92069). View neighborhood stats →

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About This Property

Beautifully remodeled 2-bedroom, 2-bath home located on a desirable corner lot in an all-ages family community in San Marcos. This move-in ready home features an open floor plan, luxury vinyl flooring, fresh paint, updated bathrooms, and a modern kitchen with white shaker cabinets, subway tile backsplash, and stainless steel appliances. Enjoy a spacious covered porch, storage shed, covered parking, and a large side yard with potential for additional parking. Community amenities include a clubhouse, library, billiards room, game room, and community kitchen. Conveniently located near shopping, dining, schools, and freeway access. A great opportunity to own an affordable, turnkey home in San Marcos!

Mortgage Calculator

Est. Monthly Payment

$1,777

Principal & Interest$1,415
Property Tax$280
Insurance$82
%($55,980)
%

Location

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Investment Score

81A
Est. Monthly Rent
$1,819
Monthly Cashflow

Rent − PITIA

+$42
Full Cashflow

Incl. vacancy, PM, maint, capex

$-610

Mortgage (P+I)
$1,415
Cap Rate
3.45%
Cash-on-Cash
-13.07%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$2,611

NOI (Annual)
$9,666
Price-to-Rent

Lower = better for investors

12.8

* 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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