918 Marlin

918 Marlin

Atop 10%

Vista, CA 92084

$619,500
STR: check · HOA rules unknown · TOT 10%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$2,332/mo full cashflow at 20% down, 7.36% rate.

Works at $314,322 (49% under asking), or at 75% down.

Rent $3,672/mo from 8 leases of 3-bed condos & townhomes within 2 mi ($3,413–$3,865).

Beds

3

Baths

2

Sqft

1,322

Year Built

1979

Days on Market

—

Property Type

Townhouse

HOA/mo

$425

MLS ID

260026991SD

This property is in Vista (92084). Browse neighborhood analytics →

About This Property

Welcome home to this charming 3-bedroom, 2-bath townhome nestled in the Marlin Terraces community of Vista! Inside is a thoughtfully designed layout that flows naturally between living and dining spaces. The kitchen features quartz countertops, a gas range, and direct access to the dining area, making everyday meals and entertaining a breeze. Adjacent to the dinning area is your own cute private backyard retreat. Fully fenced and thoughtfully designed for low-maintenance enjoyment, this inviting space features artificial turf installed in 2025, a concrete patio, charming string lighting, and a raised garden planter. Mature trees provide a lovely natural backdrop, and your private area has a gate opens to the path that leads to pool, spa and basketball court. The secluded primary suite is situated on its own level for privacy. It includes a walk-in closet, an en-suite bathroom and an enclosed, window-lined bonus room (approximately 9' x 6'), currently used as a home office. There are remote-controlled ceiling fans in every bedroom and the dining area. Additional highlights include updated windows (2017), a newer water heater (2021), and an attached two-car garage with washer and dryer. The Marlin Terraces community offers amenities including a swimming pool, spa, outdoor shower, BBQ area, 1/2 court basketball, and maintained landscaping. There are also three nearby dog parks provide even more opportunities for outdoor recreation. LOCAL DESTINATIONS & SHOPPING Vista Library: within 1 mile; a short neighborhood walk Historic Downtown Vista: Approximately 1 mile with restaurants, breweries, cafes, shops, and entertainment Walmart Supercenter (University Drive): 4 miles Costco Wholesale (Hacienda Drive): 5 miles BEACHES & ENTERTAINMENT Oceanside Beach & Pier: 10 miles LEGOLAND California Resort (Carlsbad): 11 miles Carlsbad Beach: 11 miles La Jolla Shores: 34 miles Petco Park: 43 miles EDUCATION: Palomar College: 6 miles Cal State San Marcos: 9 miles University of California San Diego: 31 miles San Diego State University: 42 Miles AIRPORTS Palomar Airport (Carlsbad): 10 miles San Diego International Airport.: 45 miles John Wayne Airport: 58 miles

Mortgage Calculator

Est. Monthly Payment

$4,643

Principal & Interest$3,418
Property Tax$620
Insurance$181
HOA$425
%($123,900)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Foothill Oak Elementary · grades K-5 · Vista Unified

  • Middle

    Roosevelt Middle · grades 6-8 · Vista Unified

  • High

    Vista High · grades 9-12 · Vista Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

53A
Est. Monthly Rent
$3,672

8 leases of 3-bed condos & townhomes within 2 mi · $3,413–$3,865

Blended 50/50 with the zip's market median ($3,620)

Monthly Cashflow

Rent − PITIA

-$971
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,332

What would make this work?

$2,332/mo short at 20% down; 75% down or +$3,029/mo rent closes it.

Break-even price

49% under asking

$314,322
Break-even rent

$3,029/mo above the estimate

$6,701/mo
Cashflow at 35% down
−$1,691/mo
Down payment to break even

$464,625 cash

75%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,418
Cap Rate
2.46%
Cash-on-Cash
-22.59%
DSCR

Need ≥ 1.25 for DSCR loan

0.79

NOI (Annual)
$15,231
Price-to-Rent

Lower = better for investors

14.1

* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
ACashflow−$2,332/mo