16620 San Salvador Ct

16620 San Salvador Ct

Ctop 80%

Rancho Bernardo, CA 92128Neighborhood: Rancho Bernardo

$898,000
NEW — 0d
STR: check · no permits on this tract · TOT 11.75%

2 licensed short-term rentals within ½ mile (1 whole home), from the cities' license and permit lists of Nov 13, 2026.

None of the 64 homes on this home's recorded tract holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$4,110/mo full cashflow at 20% down, 7.36% rate.

Works at $360,280 (60% under asking), or at 87% down.

Rent $4,438/mo from 8 leases of 3-bed houses within 1 mi ($3,937–$4,657).

Beds

3

Baths

2

Sqft

1,726

Year Built

1968

Days on Market

0

Property Type

Single Family

HOA/mo

$664

MLS ID

260026928SD

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! Tucked away 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. A spacious covered patio overlooks the low-maintenance backyard, offering an ideal setting to relax, entertain, or simply enjoy San Diego's beautiful year-round weather. Mature citrus trees and attractive landscaping add to the outdoor charm. Step inside to discover a bright and spacious floor plan featuring a generously sized living room with a cozy fireplace, direct access to the backyard, and a seamless connection to 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 create a bright and welcoming atmosphere. Additional highlights include central air conditioning, upgraded kitchen lighting, all-new sewer lines installed in 2026, an attached two-car garage, and a spacious 6,600-square-foot lot. The home is conveniently located near shopping, dining, healthcare providers, financial services, the post office, and other everyday 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. Discover the comfort, convenience, and vibrant lifestyle that make Seven Oaks one of Rancho Bernardo's most desirable 55+ communities.

Mortgage Calculator

Est. Monthly Payment

$6,778

Principal & Interest$4,954
Property Tax$898
Insurance$262
HOA$664
%($179,600)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Highland Ranch Elementary · grades K-5 · Poway Unified

  • Middle

    Bernardo Heights Middle · grades 6-8 · Poway Unified

  • High

    Rancho Bernardo High · grades 9-12 · Poway Unified

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

23C
Est. Monthly Rent
$4,438

8 leases of 3-bed houses within 1 mi · $3,937–$4,657

Blended 50/50 with the zip's market median ($4,302)

Monthly Cashflow

Rent − PITIA

-$2,340
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,110

What would make this work?

$4,110/mo short at 20% down; 87% down or +$5,337/mo rent closes it.

Break-even price

60% under asking

$360,280
Break-even rent

$5,337/mo above the estimate

$9,775/mo
Cashflow at 35% down
−$3,181/mo
Down payment to break even

$781,260 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,954
Cap Rate
1.43%
Cash-on-Cash
-27.46%
DSCR

Need ≥ 1.25 for DSCR loan

0.65

NOI (Annual)
$12,802
Price-to-Rent

Lower = better for investors

16.9

* Modelled at 20% down, 7.36% 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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CCashflow−$4,110/mo