751 Merit Dr

751 Merit Dr

D

San Marcos, CA 92078

$1,400,000
NEW — 7d on market

Beds

4

Baths

3

Sqft

2,646

Year Built

2020

Days on Market

7

Property Type

Single Family

HOA/mo

$529.7

MLS ID

260003621SD

Description

Rarely available, highly sought-after, spacious 2,646 sq ft. 4-bedroom, 3-bath turnkey corner home behind the gates of Vientos Rancho Tesoro, where luxury meets comfort. Modern open-concept living, a chef-inspired kitchen featuring premium upgraded appliances, backsplash, and countertops, porcelain tile floors, and Berber carpet, perfect for entertaining or cozy family gatherings. Natural light flows into a private backyard oasis — perfect for gardening or simply unwinding in a jacuzzi. Steps away from the community park and a resort-style recreation area with a pool, play structure, and BBQs. The neighborhood benefits from schools committed to academic excellence and is minutes from a diverse mix of shops, restaurants, grocery stores, fitness studios, cafes, and services, with proximity to major transportation routes, State Route 78/Interstate 15. These roadways offer convenient access to neighboring cities such as Carlsbad, Encinitas, and Escondido. This pedestrian-oriented community boasts over 50% of its land dedicated to permanent open spaces and meticulously maintained parks, with 18 miles of scenic trails that wind through the hills, providing ample opportunities for outdoor activities and exploration.

Mortgage Calculator

Est. Monthly Payment

$9,417

Principal & Interest$7,079
Property Tax$1,400
Insurance$408
HOA$530
%($280,000)
%

Investment Score

1D
Est. Monthly Rent

HUD Fair Market Rent

$5,270
Monthly Cashflow
$-6,526

Mortgage (P+I)
$7,079
Cap Rate
0.47%
Cash-on-Cash
-27.97%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$11,374

NOI (Annual)
$6,642
Price-to-Rent

Lower = better for investors

22.1

* Defaults: 20% down, 6.5% rate, 30yr.

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