16555 Caminito Vecinos

16555 Caminito Vecinos

D

Rancho Bernardo, CA 92128

$559,000

Beds

2

Baths

2

Sqft

1,421

Year Built

1971

Days on Market

61

Property Type

Condo

HOA/mo

$537

MLS ID

2600341SD

Description

Enjoy the best of single-story living in this desirable 55+ Seven Oaks end unit, featuring no neighbors above or below and just one shared wall. With approximately 1,421 sq. ft. (includes an HOA-approved, fully enclosed 280 sq. ft. patio); the property lives larger than expected. The ideal east-west orientation fills the home with natural light and cooling cross-breezes—morning courtyard views to the east and relaxing sunsets with treetop views to the west. A plethora of upgrades add comfort and value, and all appliances are included, making this a true move-in-ready opportunity. Conveniences include a covered carport with two storage areas, ample street-level guest parking, and nearby unassigned handicap parking—no permits required. Residents enjoy access to the Seven Oaks Community Center, offering 50+ clubs, a pool and spa, fitness room, library, pickleball, and an active social calendar. All of this is just minutes from Albertsons, coffee shops, restaurants, Bernardo Winery, RB Inn, medical facilities, the library, and more. Quiet, convenient, and turnkey—this is Seven Oaks living at its best.

Mortgage Calculator

Est. Monthly Payment

$4,086

Principal & Interest$2,827
Property Tax$559
Insurance$163
HOA$537
%($111,800)
%

Investment Score

27D
Est. Monthly Rent
$3,605
Monthly Cashflow

Rent − PITI − HOA

$-481
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,776

Mortgage (P+I)
$2,827
Cap Rate
2.26%
Cash-on-Cash
-5.16%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.88
Break-even Rent
$4,086

NOI (Annual)
$12,612
Price-to-Rent

Lower = better for investors

12.9

* 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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