324 Countrywood Ln

324 Countrywood Ln

D

Encinitas, CA 92024

$799,000
NEW — 6d on market

Beds

2

Baths

1.5

Sqft

1,032

Year Built

1973

Days on Market

6

Property Type

Townhouse

HOA/mo

$275

MLS ID

260004118SD

Description

Located in the heart of Village Park, this 2-bedroom, 1.5-bath townhome offers 1,032 square feet, a one-car garage, and a layout that lives comfortably day to day. The main level features an open living and dining area with durable flooring, a refreshed kitchen with good storage, and a convenient powder room, while the upper level includes two well-proportioned bedrooms and a full bath with excellent natural light. A dedicated laundry room is located just off the garage, and a separate storage space adds functionality to the patio between the garage and entry. The home has elevated westerly exposure, bringing in warm afternoon light and spectacular sunset views (when it's not cloudy or raining), and the outdoor space is private and easy to maintain. Village Park is known for its greenbelts, walkability, and standout amenities, including a community pool with a diving board, along with tennis/pickleball courts, playgrounds, clubhouse and open park areas.

Mortgage Calculator

Est. Monthly Payment

$5,347

Principal & Interest$4,040
Property Tax$799
Insurance$233
HOA$275
%($159,800)
%

Investment Score

3D
Est. Monthly Rent

HUD Fair Market Rent

$3,520
Monthly Cashflow
$-3,303

Mortgage (P+I)
$4,040
Cap Rate
1.11%
Cash-on-Cash
-24.80%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.87
Break-even Rent
$6,541

NOI (Annual)
$8,851
Price-to-Rent

Lower = better for investors

18.9

* Defaults: 20% down, 6.5% rate, 30yr.

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