16551 Zumaque
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16551 Zumaque

Dbottom 20%

Rancho Santa Fe, CA 92067

$3,750,000
STR: check · HOA rules unknown · TOT 8%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$23,375/mo full cashflow at 20% down, 7.43% rate.

Works at $706,547 (81% under asking); even all cash loses money at asking.

Rent $10,700/mo from 11 leases of 4-bed houses within 2 mi ($9,031–$12,767). Previously leased for $10,700.

Beds

4

Baths

3

Sqft

2,960

Year Built

1969

Days on Market

140

Property Type

Single Family

HOA/mo

$2,812.5

MLS ID

260015263SD

This property is in Rancho Santa Fe (92067). Browse neighborhood analytics →

Virtual Tour

About This Property

BEST VALUE IN RSF COVENANT...Enjoy privacy, space, and breathtaking views from this peaceful single-level mid-century COVENANT estate situated on a 2.5-acre view lot overlooking picturesque rolling hills and open-space vistas. This expansive residence offers an ideal blend of comfort and functionality with generous living spaces, soaring vaulted wood-beamed ceilings, abundant natural light, and seamless indoor-outdoor living. The spacious kitchen features granite countertops, a large center island, stainless steel appliances, and opens to an oversized family room and casual dining area. Formal living and dining spaces showcase dramatic ceilings, a fireplace, and walls of windows framing the serene countryside setting. Multiple French doors lead to an expansive patio, lush lawn, and private spa-perfect for entertaining, relaxing, or enjoying spectacular sunsets year-round. The property offers ample parking, mature landscaping, and exceptional privacy while remaining conveniently close to Rancho Santa Fe Village, ROGER ROWE schools, golf + More. * Pool Size Lot * Single-level floor plan * Scenic canyon and hillside views *2-horses allowed * * Small Barn with power on property * Space for Pickleball, sport Court * Vaulted wood-beamed ceilings * Large gourmet kitchen with center island * Multiple indoor-outdoor living areas * Expansive lawn and private spa | Fenced Backyard * Gated setting with ample parking * Convenient access to beaches, shopping, dining, and freeways * Rancho Santa Fe & San Dieguito School Districts

Mortgage Calculator

Est. Monthly Payment

$28,489

Principal & Interest$20,833
Property Tax$3,750
Insurance$1,094
HOA$2,813
%($750,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    R. Roger Rowe Elementary · grades PK-5 · Rancho Santa Fe Elementary

  • Middle

    R. Roger Rowe Middle · grades 6-8 · Rancho Santa Fe Elementary

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

0D
Est. Monthly Rent
$10,700

Previously leased for $10,700

11 leases of 4-bed houses within 2 mi · $9,031–$12,767

Monthly Cashflow

Rent − PITIA

-$17,789
Full Cashflow

Incl. vacancy, PM, maint, capex

-$23,375

What would make this work?

$23,375/mo short at 20% down; +$30,358/mo rent closes it.

Break-even price

81% under asking

$706,547
Break-even rent

$30,358/mo above the estimate

$41,058/mo
Cashflow at 35% down
−$19,469/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$20,833
Cap Rate
-0.64%
Cash-on-Cash
-37.40%
DSCR

Need ≥ 1.25 for DSCR loan

0.38

NOI (Annual)
-$24,090
Price-to-Rent

Lower = better for investors

29.2

* 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.

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DCashflow−$23,375/mo