16118 Selva Dr

16118 Selva Dr

D

Rancho Bernardo, CA 92128

$965,000
NEW — 3d on market

Soft Appraisal Value: $949,300 · 1.7% above estimate

Beds

2

Baths

2

Sqft

1,450

Year Built

1970

Days on Market

3

Property Type

Single Family

HOA/mo

$47

MLS ID

260007218SD

Description

Perched at the top of a quiet cul-de-sac, this beautifully upgraded home offers stunning views, privacy, and an expansive 0.3-acre lot. The true standout is the park-like backyard, thoughtfully designed with lush greenery, mature fruit trees, multiple seating areas, and a low-maintenance irrigation system—creating a serene setting ideal for both relaxing and entertaining. Additional highlights include fully paid-off solar and a new air conditioning system. From the moment you arrive, you’ll notice the paver driveway (approx. $20,000 upgrade) along with fresh paint and pride of ownership throughout. The home also features an oversized two-car garage, offering ample space for storage or hobbies. Inside, enjoy a light-filled layout with skylights, a newer kitchen with granite countertops, and a sunroom that extends your living space and brings the outdoors in. This home combines elevated positioning, thoughtful upgrades, and a truly special outdoor environment.

Mortgage Calculator

Est. Monthly Payment

$6,173

Principal & Interest$4,880
Property Tax$965
Insurance$281
HOA$47
%($193,000)
%

Investment Score

2D
Est. Monthly Rent
$3,461
Monthly Cashflow

Rent − PITI − HOA

$-2,712
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,312

Mortgage (P+I)
$4,880
Cap Rate
0.71%
Cash-on-Cash
-26.81%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$9,061

NOI (Annual)
$6,814
Price-to-Rent

Lower = better for investors

23.2

* 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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