3535 Linda Vista Drive
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3535 Linda Vista Drive #67

A

San Marcos, CA 92078

$410,000
NEW — 4d

Beds

3

Baths

2

Sqft

1,344

Year Built

1973

Days on Market

4

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2606084

This property is in San Marcos (92078). View neighborhood stats →

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About This Property

REMODELED 3 Bedroom / 2 Bathroom home located in a 55+ resort style community w/ rent control. This home has been beautifully remodeled inside and out, no expense was spared, including: New Roof, New Furnace, New A/C, and Luxury Viny Plank Floors throughout, quartz countertops and vanities, new appliances, remodeled Bathrooms including a huge custom tiled shower & dual vanity in the Primary Bathroom, refinished walls & ceilings, recessed lighting, all new fixtures, and so much more! Large covered porch, low maintenance yard, and storage shed. This home is NOT subject to local property taxes, as it is still registered with HCD, which is an annual savings. Rancho Vallecitos is a beautiful, 5-Star, resort style community for persons 55 years of age and over (2nd resident can be age 45+). One of the most beautiful manufactured home communities in California, Rancho Vallecitos has great views that can be enjoyed throughout the community, plus many social activities and amenities. Amenities include a clubhouse/recreation building, pool & spa, library, gym, billiards room, card tables, game and craft room, putting green, dog park, RV parking for an additional cost, and so much more! Monthly space rent is $710.01 and park is under city rent control.

Mortgage Calculator

Est. Monthly Payment

$2,603

Principal & Interest$2,073
Property Tax$410
Insurance$120
%($82,000)
%

Location

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Investment Score

78A
Est. Monthly Rent
$2,665
Monthly Cashflow

Rent − PITIA

+$62
Full Cashflow

Incl. vacancy, PM, maint, capex

$-893

Mortgage (P+I)
$2,073
Cap Rate
3.45%
Cash-on-Cash
-13.07%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$3,824

NOI (Annual)
$14,165
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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