650 S Rancho Santa Fe Rd
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650 S Rancho Santa Fe Rd #106

A

San Marcos, CA 92078

$230,500
NEW — 2d

Beds

2

Baths

2

Sqft

1,440

Year Built

1972

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

IV26029549

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

About This Property

Location, Location, and the views! This 2-bedroom, 2-bath Double wide home is located in a desirable 55+ rent-controlled community, ideally situated just steps from the tennis courts and clubhouse. The outside and inside of the home has been newly painted. New vinyl flooring has been put in the bathroom. Inside, the home has a spacious separate living room with brand-new carpet, creating a bright and welcoming atmosphere. Home is priced to sell!Palomar Estates East is an active and highly social 55+ community offering an impressive array of amenities—be sure to review the photos to see all that the park has to offer. The location is exceptionally convenient, close to shopping, dining, entertainment, and outdoor recreation. Enjoy nearby Lake San Marcos, multiple golf courses, the San Marcos Senior Center, and an abundance of parks and walking trails. Plus, you’re just a short 8-mile drive to the beaches of Carlsbad.An excellent opportunity to enjoy comfortable living in a vibrant North County community.

Mortgage Calculator

Est. Monthly Payment

$1,463

Principal & Interest$1,166
Property Tax$231
Insurance$67
%($46,100)
%

Location

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Investment Score

82A
Est. Monthly Rent
$1,498
Monthly Cashflow

Rent − PITIA

+$35
Full Cashflow

Incl. vacancy, PM, maint, capex

$-502

Mortgage (P+I)
$1,166
Cap Rate
3.46%
Cash-on-Cash
-13.06%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$2,150

NOI (Annual)
$7,967
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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