3438 Don Ortega Drive

3438 Don Ortega Drive

D

Carlsbad, CA 92010

$875,000
NEW — 1d on market

Beds

3

Baths

2

Sqft

1,850

Year Built

2007

Days on Market

1

Property Type

Manufactured

HOA/mo

$485

MLS ID

NDP2601711

Description

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

$6,040

Principal & Interest$4,424
Property Tax$875
Insurance$255
HOA$485
%($175,000)
%

Investment Score

5D
Est. Monthly Rent

HUD Fair Market Rent

$4,730
Monthly Cashflow
$-3,127

Mortgage (P+I)
$4,424
Cap Rate
1.78%
Cash-on-Cash
-21.44%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.07
Break-even Rent
$7,478

NOI (Annual)
$15,575
Price-to-Rent

Lower = better for investors

15.4

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

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