406 Lotus Drive
Btop 30%San Marcos, CA 92069Neighborhood: College Area
An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.
Pass at asking: -$3,238/mo full cashflow at 20% down, 7.43% rate.
Works at $347,364 (55% under asking), or at 81% down.
Rent $3,867/mo from 12 leases of 3-bed condos & townhomes within 2 mi ($3,975–$4,269).
Beds
3
Baths
3.5
Sqft
1,781
Year Built
2026
Days on Market
163
Property Type
Townhouse
HOA/mo
$310
MLS ID
OC26114547
This property is in San Marcos (92069). View neighborhood stats →
About This Property
Brand new, energy-efficient home available ! The first-floor bed with full bath provides comfort for visiting guests or a home office. The open-concept living space is ideal for entertaining, featuring a chef-inspired kitchen with large island, dedicated dining space, and a powder bath for guests. Cielo, in San Marcos, CA, is the place for your carefree SoCal life. Offering stylish townhomes with spacious, open-concept floorplans, chef-inspired kitchens, primary suites with walk-in closets and covered decks. Homeowners will benefit from Cielo's turnkey, move-in ready features such as included Whirlpool® appliances and whole home blinds. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.
Mortgage Calculator
Est. Monthly Payment
$5,575
Location
Loading map...
Zoned Schools
Elementary
Paloma Elementary · grades K-5 · San Marcos Unified
Middle
San Marcos 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.
Comparable Properties
5 comps foundThis Property
$3,867
Comp Average
$3,660
309 Mission Villas Rd
3bd / 2.5ba · 1,331 sqft · Townhouse
$629K
Est. $3,466/mo
607 Lotus Drive
3bd / 3ba · 1,497 sqft · Townhouse
$699K
Est. $3,698/mo
605 Lotus Drive
3bd / 3ba · 1,497 sqft · Townhouse
$742K
Est. $3,698/mo
604 Lotus Drive
3bd / 3.5ba · 1,781 sqft · Townhouse
$774K
Est. $3,867/mo
334 Mission Terrace Ave
3bd / 2.5ba · 1,469 sqft · Condo
$725K
Est. $3,570/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 3-bed condos & townhomes within 2 mi · $3,975–$4,269
Blended 50/50 with the zip's market median ($3,672)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,238/mo short at 20% down; 81% down or +$4,206/mo rent closes it.
- Break-even price
- $347,364
- Break-even rent
- $8,073/mo
- Cashflow at 35% down
- −$2,437/mo
- Down payment to break even
- 81%
- Rate to break even
- Not reachable
55% under asking
$4,206/mo above the estimate
$622,890 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
Open Full Calculator