914 La Tierra Dr

914 La Tierra Dr

D

San Marcos, CA 92078

$829,000
NEW — 7d on market

Beds

2

Baths

2

Sqft

1,476

Year Built

1972

Days on Market

7

Property Type

Single Family

HOA/mo

N/A

MLS ID

260003326SD

Description

No HOA Fees! Discover one of the last highly sought-after non-HOA communities nestled in the scenic Lake San Marcos community. This inviting home offers a spacious open floor plan with 2 bedrooms, 2 bathrooms, and 1,476 sq. ft. of living space, plus an oversized kitchen extension adding approximately 200 additional square feet, beautifully upgraded and ready for you to personalize and make this home your own. The home is filled with natural light and features laminated flooring, tile countertops, and double-pane vinyl windows that allow cool coastal breezes to flow throughout. The kitchen comes complete with refrigerator, and the home also includes a washer and dryer for added convenience. Major upgrade includes a newer roof (approximately 5 years old). Included with the home are ceiling fans throughout. Step outside to a peaceful backyard oasis featuring blooming fruit trees, a manicured lawn, and a covered patio perfect for BBQs and enjoying warm summer evenings. Enjoy the stunning 80-acre Lake San Marcos, the heart of the community, and also take comfort in knowing the ocean is just a quick 15-minute drive away. Conveniently located near shopping, dining, and everything San Marcos and North County has to offer, This is an exceptional opportunity you won’t want to miss!!

Mortgage Calculator

Est. Monthly Payment

$5,263

Principal & Interest$4,192
Property Tax$829
Insurance$242
%($165,800)
%

Investment Score

4D
Est. Monthly Rent

Zillow Rent Zestimate

$3,478
Monthly Cashflow
$-3,276

Mortgage (P+I)
$4,192
Cap Rate
1.33%
Cash-on-Cash
-23.71%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.83
Break-even Rent
$6,475

NOI (Annual)
$10,995
Price-to-Rent

Lower = better for investors

19.9

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

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