971 Borden Road
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971 Borden Road #118

A

San Marcos, CA 92069

$399,900
NEW — 2d

Beds

3

Baths

2

Sqft

1,242

Year Built

2025

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2604933

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

Virtual Tour

About This Property

BRAND NEW 2025-built 3-bedroom, 2-bath home located in an ANY-AGE / family community! Tucked away at the end of a private driveway, this home offers a rare sense of privacy. The open-concept floor plan features 9-foot ceilings that create a bright, spacious feel throughout. The island kitchen is both stylish and functional with recessed lighting and stainless steel appliances. The primary suite includes a walk-in closet and a private ensuite bathroom with dual sinks. Additional highlights include new central A/C, ceiling fan, and a highly desirable side-by-side covered parking setup—no need to move one car to access the other. The yard is freshly landscaped and partially fenced, providing added privacy and outdoor enjoyment. Rancho San Marcos Park offers excellent amenities including a clubhouse, pool, spa, and ample guest parking. Ideally located across from Richland Elementary, this home is within the San Marcos School District and walking distance to the newly remodeled Richland Elementary School. Space rent is $1,500 per month + utilities. Note: Some photos representing this listing have been virtually staged.

Mortgage Calculator

Est. Monthly Payment

$2,539

Principal & Interest$2,022
Property Tax$400
Insurance$117
%($79,980)
%

Location

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Investment Score

78A
Est. Monthly Rent
$2,599
Monthly Cashflow

Rent − PITIA

+$60
Full Cashflow

Incl. vacancy, PM, maint, capex

$-871

Mortgage (P+I)
$2,022
Cap Rate
3.45%
Cash-on-Cash
-13.07%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$3,730

NOI (Annual)
$13,813
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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