16566 Caminito Vecinos
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16566 Caminito Vecinos #25

C

Rancho Bernardo, CA 92128

$575,000

Soft Appraisal Value: $611,500 · 6.0% below estimate

Beds

2

Baths

2

Sqft

1,176

Year Built

1971

Days on Market

76

Property Type

Condo

HOA/mo

$537

MLS ID

260005388SD

This property is in Rancho Bernardo (92128). View neighborhood stats →

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About This Property

Single-level, quiet, convenient, and move-in ready—let’s go! Hard flooring throughout and a recently remodeled kitchen featuring new counters, cabinets, and sink. Updated bathrooms and clear pride of ownership throughout. Enjoy the best of single-story living in this desirable 55+ Seven Oaks home, with no neighbors above or below. Offering approximately 1,176 sq. ft., including a fully enclosed 121 sq. ft. patio, the home lives larger than expected. Numerous upgrades add comfort and value, and all appliances are included, making this a truly turnkey opportunity. Additional conveniences include a covered carport with two storage areas, ample street-level guest parking, and nearby unassigned handicap parking with no permits required. Residents enjoy access to the Seven Oaks Community Center, featuring 50+ clubs, a pool and spa, fitness room, library, pickleball, and a vibrant social calendar. Ideally located just minutes from Albertsons, coffee shops, restaurants, Bernardo Winery, the Rancho Bernardo Inn, medical facilities, the library, and more. Quiet. Convenient. Turnkey. This is Seven Oaks living at its best.

Mortgage Calculator

Est. Monthly Payment

$4,187

Principal & Interest$2,908
Property Tax$575
Insurance$168
HOA$537
%($115,000)
%

Location

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Investment Score

39C
Est. Monthly Rent
$3,020
Monthly Cashflow

Rent − PITIA

$-1,168
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,341

Mortgage (P+I)
$2,908
Cap Rate
1.18%
Cash-on-Cash
-24.43%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$6,061

NOI (Annual)
$6,795
Price-to-Rent

Lower = better for investors

15.9

* 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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