517 Heather Ridge Rd
1 / 20

517 Heather Ridge Rd

B

San Marcos, CA 92078

$995,000
NEW — 0d

Soft Appraisal Value: $829,100 · 20.0% above estimate

Beds

4

Baths

3

Sqft

1,797

Year Built

1989

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

ND26143942

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

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About This Property

Well-maintained 4-bedroom, 3-bath home located in the highly desirable San Marcos School District. The functional floor plan includes a bedroom and full bath on the first floor, ideal for guests, extended family, or a home office. Upstairs you'll find the primary suite along with two additional bedrooms.The kitchen opens to the family room, creating a comfortable space for everyday living. The interior has been freshly painted, and the fenced backyard features a patio and natural grass with room to relax, entertain, or play.Several major improvements have already been completed, including a new roof underlayment installed approximately two years ago and an HVAC system that is less than four years old, helping reduce future maintenance expenses.No HOA and no Mello-Roos. Conveniently located near shopping, parks, restaurants, and easy freeway access, with excellent schools nearby.

Mortgage Calculator

Est. Monthly Payment

$6,316

Principal & Interest$5,031
Property Tax$995
Insurance$290
%($199,000)
%

Location

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Investment Score

36C
Est. Monthly Rent
$4,736
Monthly Cashflow

Rent − PITIA

$-1,580
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,499

Mortgage (P+I)
$5,031
Cap Rate
1.85%
Cash-on-Cash
-21.10%
DSCR

Need ≥ 1.25 for DSCR loan

0.75
Break-even Rent
$9,280

NOI (Annual)
$18,391
Price-to-Rent

Lower = better for investors

17.5

* 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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