740 Avenida Codorniz

740 Avenida Codorniz

D

San Marcos, CA 92069

$999,000

Soft Appraisal Value: $990,200 · 0.9% above estimate

Beds

3

Baths

2.5

Sqft

1,675

Year Built

1998

Days on Market

24

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004269SD

View on MLS

Description

PAID-OFF SOLAR! Situated on a private corner lot in San Marcos, this inviting two-story home blends comfort, efficiency, and convenience. The thoughtfully designed layout features a kitchen that opens to the family room with a cozy fireplace, creating an ideal space for everyday living and entertaining. The spacious primary suite offers vaulted ceilings and its own en-suite bath, while additional bedrooms include upgraded windows and elegant sunburst shutters. Enjoy peace of mind with a brand-new 2025 HVAC system, no HOA, and low utility costs. Recent updates also include newer washer and dryer, refrigerator, and stove, plus a termite tenting completed in late 2023. Outdoors, low-maintenance landscaping and a sparkling pool make relaxation effortless, complemented by an attached two-car garage. Conveniently located close to shopping, dining, parks, and quick access to Highway 78, this home delivers both lifestyle and value.

Mortgage Calculator

Est. Monthly Payment

$6,342

Principal & Interest$5,051
Property Tax$999
Insurance$291
%($199,800)
%

Investment Score

6D
Est. Monthly Rent
$3,919
Monthly Cashflow

Rent − PITI − HOA

$-2,422
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,156

Mortgage (P+I)
$5,051
Cap Rate
1.08%
Cash-on-Cash
-14.55%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.62
Break-even Rent
$6,341

NOI (Annual)
$10,742
Price-to-Rent

Lower = better for investors

21.2

* 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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