751 Merit Dr
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751 Merit Dr

C

San Marcos, CA 92078

$1,477,700
NEW — 1d

Beds

4

Baths

3

Sqft

2,646

Year Built

2020

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260016526SD

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

About This Property

Introducing a modern, upscale residence behind the gates of Vientos at Rancho Tesoro, blending sleek, contemporary design with comfort and lifestyle. This highly upgraded, open-concept home features premium finishes, custom paint, upgraded baseboards, and designer ceiling fans. The chef-inspired kitchen features KitchenAid stainless-steel appliances, Caesarstone countertops, a decorative tile backsplash, stained driftwood shaker cabinetry with a pull-out pantry, a 5-burner gas cooktop, a built-in oven/microwave, a commercial-style hood, and custom floating shelves. Porcelain tile flooring, double-padded Berber carpet, Hunter Douglas Hybrid shutters, Provenance woven shades, and insulated walls enhance privacy. Downstairs, a bedroom with a pocket door creates a private en suite, custom tile shower, walk-in closet w/wardrobe mirror. Paid solar with a backup battery and an epoxy-finished 2-car garage with overhead storage, an outdoor oasis with an industrial ceiling fan, perfect for full relaxation, morning coffee, or winding down the evening with a glass of wine. Minutes from San Elijo Hills Town Center, North City, Cal State San Marcos, Community Colleges, Vocational Schools, and Medical Facilities; a pedestrian-friendly, bustling destination featuring a diverse mix of shops, restaurants, and services. From grocery stores and specialty shops to fitness studios and cafes. Over 50% of the community is open space, with 18 miles of trails, lakes, and parks, making outdoor activities part of daily life. Easy/quick access to Highway 78, connecting to freeways I-5 and I-15.

Mortgage Calculator

Est. Monthly Payment

$9,381

Principal & Interest$7,472
Property Tax$1,478
Insurance$431
%($295,540)
%

Location

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Investment Score

7D
Est. Monthly Rent
$5,172
Monthly Cashflow

Rent − PITIA

$-4,209
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,630

Mortgage (P+I)
$7,472
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$13,782

NOI (Annual)
$10,108
Price-to-Rent

Lower = better for investors

23.8

* 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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