334 Mission Terrace Ave
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334 Mission Terrace Ave

Ctop 80%

San Marcos, CA 92069Neighborhood: Richland

$725,000
STR: check · San Marcos: confirm the zone · TOT 10%

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Pass at asking: -$3,173/mo full cashflow at 20% down, 7.43% rate.

Works at $311,812 (57% under asking), or at 84% down.

Rent $3,570/mo from 10 leases of 2–4 bed condos & townhomes within 1 mi ($3,295–$3,658).

Beds

3

Baths

2.5

Sqft

1,469

Year Built

2017

Days on Market

344

Property Type

Condo

HOA/mo

$354

MLS ID

SW25267972

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

About This Property

PRICE REDUCTION! PAID SOLAR, ALL APPLIANCES INCLUDED & MOVE-IN READY! Welcome to this beautifully upgraded 3-bedroom, 2.5-bath condo featuring a spacious TOWNHOME-STYLE, TRI-LEVEL LAYOUT in the desirable Mission Villas community of San Marcos.Built in 2017, this light-filled home offers modern finishes, energy-efficient upgrades, and a thoughtfully designed floor plan that provides separation between living and sleeping spaces.The main living level features an open-concept living and dining area with wood flooring, recessed lighting, crown molding, and access to a private balcony. The kitchen offers quartz countertops, a spacious center island, and plenty of cabinet space. Refrigerator, range, microwave, dishwasher, washer, and dryer are all included.Additional upgrades include OWNED SOLAR, central A/C, a whole-house fan, energy-efficient thermostat, alkaline water system, USB charging outlets, and an attached 2-car EV-ready garage with overhead and standing storage racks.The tri-level layout offers three bedrooms, including a spacious primary suite with a walk-in closet, conveniently located laundry, and additional storage throughout.Ideally located near Cal State San Marcos, Kaiser Permanente, shopping, dining, parks, and Highway 78. Enjoy the space and feel of townhome-style living with the low-maintenance convenience of a condo in Mission Villas.

Mortgage Calculator

Est. Monthly Payment

$5,318

Principal & Interest$4,028
Property Tax$725
Insurance$211
HOA$354
%($145,000)
%
Loan Term

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.

Investment Score

35C
Est. Monthly Rent
$3,570

10 leases of 2–4 bed condos & townhomes within 1 mi · $3,295–$3,658

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,748
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,173

What would make this work?

$3,173/mo short at 20% down; 84% down or +$4,121/mo rent closes it.

Break-even price

57% under asking

$311,812
Break-even rent

$4,121/mo above the estimate

$7,691/mo
Cashflow at 35% down
−$2,418/mo
Down payment to break even

$609,000 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,028
Cap Rate
1.71%
Cash-on-Cash
-26.26%
DSCR

Need ≥ 1.25 for DSCR loan

0.67

NOI (Annual)
$12,399
Price-to-Rent

Lower = better for investors

16.9

* 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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CCashflow−$3,173/mo