16620 San Salvador Ct
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16620 San Salvador Ct

C

Rancho Bernardo, CA 92128

$950,000
NEW — 2d

Soft Appraisal Value: $935,600 · 1.5% above estimate

Beds

3

Baths

2

Sqft

1,726

Year Built

1968

Days on Market

2

Property Type

Single Family

HOA/mo

$615

MLS ID

260015655SD

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

About This Property

Welcome to easy living in the Seven Oaks 55+ community of Rancho Bernardo! Nestled at the end of a quiet cul-de-sac, this inviting single story home offers a wonderful blend of comfort, convenience, and the active Southern California lifestyle you've been looking for. Step inside to discover a bright and spacious floor plan featuring a spacious living room with a cozy fireplace that flows seamlessly into the dining area—perfect for everyday living and entertaining alike. The kitchen offers ample storage including built-in cabinetry in the breakfast nook, a peninsula with bar seating, pendant lighting, and plenty of workspace. Large windows and recessed lighting fill the room with natural light, creating a warm and welcoming atmosphere. The living room opens to a spacious covered patio and low-maintenance backyard, providing the perfect setting to relax, entertain, or enjoy San Diego's beautiful year-round weather. Mature citrus trees and attractive landscaping add to the outdoor charm. Additional highlights include an attached two-car garage and an exceptional location within close proximity of shopping, dining, healthcare providers, financial services, the post office, and other daily conveniences. Residents of Seven Oaks enjoy access to an impressive array of resort-style amenities, including a clubhouse, swimming pool, spa, library, hobby and craft rooms, sports courts, social clubs, classes, and a full calendar of activities designed to keep you active, engaged, and connected. Experience the comfort, convenience, and vibrant lifestyle that make Seven Oaks one of Rancho Bernardo's most desirable 55+ communities.

Mortgage Calculator

Est. Monthly Payment

$6,646

Principal & Interest$4,804
Property Tax$950
Insurance$277
HOA$615
%($190,000)
%

Location

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Investment Score

18D
Est. Monthly Rent
$4,332
Monthly Cashflow

Rent − PITIA

$-2,314
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,102

Mortgage (P+I)
$4,804
Cap Rate
0.89%
Cash-on-Cash
-25.91%
DSCR

Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$9,659

NOI (Annual)
$8,424
Price-to-Rent

Lower = better for investors

18.3

* 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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