751 Merit Dr

751 Merit Dr

D

San Marcos, CA 92078

$1,400,000

Beds

4

Baths

3

Sqft

2,646

Year Built

2020

Days on Market

52

Property Type

Single Family

HOA/mo

N/A

MLS ID

260003621SD

Description

This rare and highly desirable home offers spacious living at 2,646 sq ft with 4 bedrooms and 3 baths, nestled behind the gates of Vientos Rancho Tesoro—a perfect blend of luxury and comfort. Enjoy modern open-concept design, a chef-inspired kitchen with energy-efficient, upgraded appliances, a stylish backsplash, and beautiful countertops. The home features elegant porcelain tile floors on the first level and cozy Berber carpet upstairs, along with owned solar panels with a backup battery—ideal for entertaining or relaxing family gatherings. Natural sunlight fills the private backyard sanctuary, great for gardening or unwinding in the jacuzzi. Just steps from the community park and an inviting resort-style recreation area with a pool, play structure, and BBQs, this neighborhood is perfect for an active and connected lifestyle. Excellent schools dedicated to academic excellence are nearby, and a diverse array of shops, restaurants, grocery stores, fitness centers, cafes, and services are just minutes away. Easy access to major routes like State Route 78 and Interstate 15 and 5 makes traveling to nearby cities such as Carlsbad, Encinitas, and Escondido a breeze. The community is thoughtfully designed, with over half of the land preserved as open space, including well-maintained parks and 18 miles of scenic trails that wind through the hills—perfect for outdoor adventures and exploration.

Mortgage Calculator

Est. Monthly Payment

$8,887

Principal & Interest$7,079
Property Tax$1,400
Insurance$408
%($280,000)
%

Investment Score

2D
Est. Monthly Rent
$4,810
Monthly Cashflow

Rent − PITIA

$-4,077
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,350

Mortgage (P+I)
$7,079
Cap Rate
0.62%
Cash-on-Cash
-27.21%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$13,057

NOI (Annual)
$8,748
Price-to-Rent

Lower = better for investors

24.3

* 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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