916 Carriage
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916 Carriage

B

San Marcos, CA 92069

$950,000
NEW — 2d

Soft Appraisal Value: $942,500 · 0.8% above estimate

Beds

4

Baths

2

Sqft

1,859

Year Built

1979

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260016589SD

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

About This Property

Pride of ownership shines throughout this beautifully maintained single-story home in one of San Marcos’ most desirable neighborhoods! Located in a quiet cul de sac, featuring 4 bedrooms, 2 bathrooms, soaring high ceilings, and elegant custom plantation shutters, this home offers a bright, open feel that’s perfect for everyday living and entertaining. Step outside to your own private backyard retreat complete with an insulated pergola with built in ceiling fan, an in-ground jacuzzi, and beautifully landscaped low maintenance yard. Enjoy fresh fruit from your mature avocado tree and two orange trees, creating the perfect Southern California outdoor lifestyle. This property also offers RV parking and has been thoughtfully upgraded with over $62,000 in improvements from current owners, including a new garage door, new water heater, and numerous additional enhancements that provide both comfort and peace of mind. The location is hard to beat—within walking distance to the elementary school and Mulberry Park, just minutes from Twin Oaks Golf Club, Cal State San Marcos, popular restaurants, shopping, and convenient freeway access. Located in a highly rated public school district, this home is also positioned in one of North County’s fastest-growing communities, with exciting new development continuing throughout San Marcos.

Mortgage Calculator

Est. Monthly Payment

$6,031

Principal & Interest$4,804
Property Tax$950
Insurance$277
%($190,000)
%

Location

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Investment Score

36C
Est. Monthly Rent
$4,438
Monthly Cashflow

Rent − PITIA

$-1,593
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,405

Mortgage (P+I)
$4,804
Cap Rate
1.77%
Cash-on-Cash
-21.51%
DSCR

Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$8,860

NOI (Annual)
$16,783
Price-to-Rent

Lower = better for investors

17.8

* 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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