909 Richland Rd
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909 Richland Rd #134

A

San Marcos, CA 92069

$449,900
NEW — 3d

Beds

3

Baths

2

Sqft

1,960

Year Built

1984

Days on Market

3

Property Type

Manufactured

HOA/mo

$382

MLS ID

260016845SD

This property is in San Marcos (92069). View neighborhood stats →

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About This Property

This spacious home is located in this desirable LAND-OWNED, NO SPACE RENT, 55+ Community. In addition it features 12x13 den/office with double folding doors, newer vinyl windows throughout, newer A/C, flooring, outlets & light switches & no popcorn ceilings. 2 solar tubes, 2 skylights & numerous vinyl windows provide lots of natural light. A newer 8x53 enclosed patio adds 424 sq. ft. of additional living space for multiple uses for a total GLA of 1,960 sq. ft. A 433A Permanent Foundation has been recorded. Own the land, no lease! The generously sized Primary BR with walk-in closet is at the opposite end of the other bedrooms. Primary bathroom features a double sink vanity. No steps inside or carport side. New water meter. Large storage shed and private backyard. Enjoy a pleasant walk up the street just four homes away to the abundant community amenities and numerous activities, including a beautiful pool, spa, tennis court, spacious gym & fitness center, four billiard tables, library, puzzle & card rooms, clubhouse w/full kitchen, ping-pong, horseshoe pit, BBQs, grass park, dog walking areas, on-site RV parking (for a fee), ample guest parking. Foothills of San Marcos is close to groceries, pharmacy, shops, dining and the 78 freeway. This community is excellent senior living!

Mortgage Calculator

Est. Monthly Payment

$3,238

Principal & Interest$2,275
Property Tax$450
Insurance$131
HOA$382
%($89,980)
%

Location

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Investment Score

65A
Est. Monthly Rent
$2,924
Monthly Cashflow

Rent − PITIA

$-314
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,361

Mortgage (P+I)
$2,275
Cap Rate
2.44%
Cash-on-Cash
-18.15%
DSCR

Need ≥ 1.25 for DSCR loan

0.90
Break-even Rent
$4,692

NOI (Annual)
$10,964
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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