
955 Wild Iris Court
Ctop 80%San Marcos, CA 92078Neighborhood: Questhaven/La Costa Meadows
Pass at asking: -$7,837/mo full cashflow at 20% down, 7.43% rate.
Works at $677,107 (60% under asking), or at 87% down.
Rent $6,874/mo from 9 leases of 4–6 bed houses within 1 mi ($6,234–$6,742).
Beds
5
Baths
4.5
Sqft
3,717
Year Built
2007
Days on Market
45
Property Type
Single Family
HOA/mo
$93
MLS ID
NDP2608830
This property is in San Marcos (92078). View neighborhood stats →
About This Property
Ideally positioned on a flat cul-de-sac with no homes across the street, this distinctive Tuscan-style home enjoys sweeping views, including ocean views, and an exceptionally versatile floor plan. With 5 bedrooms, a first-floor ensuite, expansive primary suite, and one-of-a-kind loft/library, the home offers a combination of thoughtful spaces, architectural character, and an enviable San Elijo Hills setting. The highly regarded schools, community parks, shops, and amenities are all just minutes away. The first-floor ensuite bedroom provides tremendous flexibility for in-laws, parents, guests, or a college-age child. Upstairs, the expansive primary suite features a generous sitting area and private balcony with ocean views. The oversized walk-in closet offers custom built-in storage and direct access to the beautifully updated bath, featuring elegant light-toned tile flooring and a gorgeous freestanding pedestal tub. Two additional upstairs bedrooms share a convenient Jack-and-Jill bathroom, while the fourth upstairs bedroom has its own full bath. A truly distinctive feature of the home is the loft/library, where floor-to-ceiling custom bookshelves, a rolling ladder, and mezzanine overlook create a unique and inviting space. The chef’s kitchen takes advantage of the views and opens naturally to the main living areas, creating an easy connection between the kitchen, living, and entertaining spaces. The home also features an owned solar system installed by Baker Electric, two Tesla Powerwall batteries, a Tesla EV charger, and a whole-house fan for added comfort and energy efficiency. The spacious backyard is beautifully landscaped with multiple outdoor spaces, complemented by exterior pavers that enhance the home’s outdoor living areas. The entire exterior of the home has been repainted, adding to its refreshed appearance. Wonderful views, including ocean views from the property, further elevate the outdoor setting. Distinctive architecture, thoughtful spaces, and beautiful views come together throughout this special home, creating a setting with character at every turn.
Mortgage Calculator
Est. Monthly Payment
$11,716
Location
Loading map...
Zoned Schools
Elementary
Double Peak · grades K-8 · San Marcos Unified
Middle
Double Peak · grades K-8 · San Marcos Unified
High
Mission Hills High · grades 9-12 · San Marcos Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$6,874
Comp Average
$6,726

2653 Fallsview Rd
4bd / 4.5ba · 3,755 sqft · Single Family
$1.65M
Est. $7,091/mo
248 Triumph
5bd / 3ba · 3,521 sqft · Single Family
$1.40M
Est. $6,066/mo
1811 Sheridan
5bd / 4.5ba · 3,875 sqft · Single Family
$1.87M
Est. $7,626/mo
250 Treasure Drive
5bd / 3.5ba · 3,521 sqft · Single Family
$1.59M
Est. $6,527/mo
732 Westbrook Loop
5bd / 4.5ba · 3,453 sqft · Single Family
$1.65M
Est. $6,322/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. San Marcos does not allow short-term rentals in residential zones. See the rules
Investment Score
9 leases of 4–6 bed houses within 1 mi · $6,234–$6,742
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$7,837/mo short at 20% down; 87% down or +$10,178/mo rent closes it.
- Break-even price
- $677,107
- Break-even rent
- $17,052/mo
- Cashflow at 35% down
- −$6,069/mo
- Down payment to break even
- 87%
- Rate to break even
- Not reachable
60% under asking
$10,178/mo above the estimate
$1,476,825 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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