3438 Don Ortega Drive
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3438 Don Ortega Drive

C

Carlsbad, CA 92010

$860,000

Soft Appraisal Value: $846,600 · 1.6% above estimate

Beds

3

Baths

2

Sqft

1,850

Year Built

2007

Days on Market

91

Property Type

Manufactured

HOA/mo

$485

MLS ID

NDP2601711

This property is in Carlsbad (92010). View neighborhood stats →

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About This Property

Beautiful 3BD/2BA 2007 manufactured home in Rancho Carlsbad’s desirable 55+ gated community! Land owned with permanent foundation and 433A documentation... rare in north county coastal! Turn-key and move-in ready, this home features hickory hardwood floors, vaulted ceilings with SolaTube skylights, granite countertops, plantation shutters, customized primary closet, brand-new LED lighting, ceiling fans, newer appliances including refrigerator, dishwasher, microwave, washer/dryer, reverse osmosis drinking water, and a freshly painted interior. Energy-efficient upgrades include a new tankless water heater, reinforced post-and-pillar foundation, updated venting, ductwork, vapor barrier, sewer clean-out, and Nest thermostat. Enjoy a landscaped yard with sprinklers, private patio, mature fruit trees, storage shed, and security cameras. Ideally located within walking distance to the pool, hot tub, gym, and community amenities. Low HOA dues cover all of the following: internet, gas, electricity, water, sewer, and trash collection service. Pride of ownership shows throughout this exceptional home!

Mortgage Calculator

Est. Monthly Payment

$5,944

Principal & Interest$4,349
Property Tax$860
Insurance$251
HOA$485
%($172,000)
%

Location

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Investment Score

35C
Est. Monthly Rent
$4,459
Monthly Cashflow

Rent − PITIA

$-1,486
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,228

Mortgage (P+I)
$4,349
Cap Rate
1.56%
Cash-on-Cash
-22.52%
DSCR

Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$8,651

NOI (Annual)
$13,449
Price-to-Rent

Lower = better for investors

16.1

* 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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