971 Borden Road
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971 Borden Road #Spc 143

A

San Marcos, CA 92069

$399,000
NEW — 2d

Soft Appraisal Value: $396,000 · 0.8% above estimate

Beds

4

Baths

2

Sqft

1,620

Year Built

2023

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2601822

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

Virtual Tour

About This Property

Located in a welcoming family park with no age restrictions, this beautiful 2023-built manufactured home is move-in ready. Offering 4 bedrooms, 2 bathrooms, and 1,620 sq. ft. of living space with 9-foot ceilings, this home combines comfort and modern style. A charming covered front porch greets you as you enter. Inside, you’ll find an open-concept floor plan featuring a spacious living room, a modern kitchen with a large island, stainless steel appliances, and a dining area—perfect for entertaining and everyday living. The thoughtfully designed layout places the spacious primary bedroom with a private ensuite on the left side of the home for added privacy, while three additional bedrooms are situated on the right. Abundant natural light fills the home, creating a bright and inviting atmosphere throughout. The backyard features an extended concrete driveway with parking for up to four vehicles, a large storage shed, and ample yard space for gardening or planting fruit trees. Located in Rancho San Marcos Park, residents enjoy access to a clubhouse, pool, and guest parking. The home is also conveniently close to Richland Elementary School.

Mortgage Calculator

Est. Monthly Payment

$2,533

Principal & Interest$2,018
Property Tax$399
Insurance$116
%($79,800)
%

Location

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Investment Score

78A
Est. Monthly Rent
$2,594
Monthly Cashflow

Rent − PITIA

+$61
Full Cashflow

Incl. vacancy, PM, maint, capex

$-868

Mortgage (P+I)
$2,018
Cap Rate
3.46%
Cash-on-Cash
-13.05%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$3,721

NOI (Annual)
$13,799
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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