406 Borden Circle

406 Borden Circle

D

San Marcos, CA 92069

$899,000
NEW — 1d on market

Soft Appraisal Value: $897,600 · 0.2% above estimate

Beds

3

Baths

2

Sqft

1,329

Year Built

1979

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602660

Description

Tucked at the end of a quiet cul-de-sac, this beautifully renovated home offers the kind of privacy and possibility that is hard to find, set on a large lot with no neighbors behind and thoughtfully designed for easy, modern living. Low-maintenance landscaping creates a welcoming first impression, while inside, large windows and an open floor plan fill the home with natural light and an airy, connected feel. At the heart of the home, the living room is anchored by a charming brick fireplace and flows effortlessly into the dining area and stunning fully renovated kitchen. Crisp white cabinetry, quartz countertops, stainless steel appliances, pendant lighting, and a peninsula waterfall island with bar seating come together to create a space that is as stylish as it is functional. Just beyond, an oversized slider opens to the sunroom, extending the living space and creating an easy connection to the backyard. Outside, the sparkling pool sets the tone for relaxed afternoons and entertaining under the sun, while the huge lot offers endless potential with room to create more, whether that means gardens, play space, or even a future ADU. With no neighbors behind, the backyard feels especially peaceful and private. The primary suite is a comfortable retreat with its own beautifully updated ensuite bathroom featuring a walk-in shower with modern tilework. Two additional spacious guest bedrooms and an updated guest bathroom provide flexibility for family and guests. An oversized garage with epoxy flooring adds both function and polish, while the finished backyard shed, complete with flooring, lighting, and its own mini split AC, creates an ideal bonus space for a studio, office, gym, or creative retreat. High-end Lutron smart dimmers and switches throughout the home add another level of convenience, with Apple and Android smart home integration for effortless control. All of this comes in a fantastic location close to restaurants, shopping, Hollandia Park, and walkable to Mission Hills High School.

Mortgage Calculator

Est. Monthly Payment

$5,707

Principal & Interest$4,546
Property Tax$899
Insurance$262
%($179,800)
%

Investment Score

7D
Est. Monthly Rent
$3,719
Monthly Cashflow

Rent − PITI − HOA

$-1,988
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,592

Mortgage (P+I)
$4,546
Cap Rate
1.27%
Cash-on-Cash
-13.27%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$5,707

NOI (Annual)
$11,442
Price-to-Rent

Lower = better for investors

20.1

* 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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