16320 Ellie Lane
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16320 Ellie Lane

D

Poway, CA 92064

$1,150,000
NEW — 3d

Beds

3

Baths

2

Sqft

1,100

Year Built

2005

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007730SD

This property is in Poway (92064). View neighborhood stats →

About This Property

Diamond in the rough w/incredible upside & view potential. Situated by Ellie Lane Trailhead on approx 2.8 acres, this unique property offers rare opportunity to build your dream home on upper panoramic view lot, which already has water, septic, and electricity to the Lot; while completing the existing residence into 3bed, 2bath ADU ~1,100 sqft Ideal setup to live in the ADU during construction, then convert to rental income, guest house, or multigenerational living. Features paid solar (40 panels), recently serviced deep well, large holding tank, central A/C, duel septic tank, & horse property, Zoning RR-A Rural Residential A. Peaceful setting w/expansive views, hiking trails, & endless potential. A true value-add opportunity in a desirable Poway location.

Mortgage Calculator

Est. Monthly Payment

$7,300

Principal & Interest$5,815
Property Tax$1,150
Insurance$335
%($230,000)
%

Location

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Investment Score

7D
Est. Monthly Rent
$4,025
Monthly Cashflow

Rent − PITIA

$-3,275
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,159

Mortgage (P+I)
$5,815
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$10,725

NOI (Annual)
$7,871
Price-to-Rent

Lower = better for investors

23.8

* 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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