17340 Caminito Canasto
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17340 Caminito Canasto

Ctop 80%

4S Ranch, CA 92127Neighborhood: Rancho Bernardo

$599,000
NEW — 0d
STR: check · no permits in this complex · TOT 11.75%

7 licensed short-term rentals within ½ mile (4 whole home), from the cities' license and permit lists of Nov 6, 2026.

No unit in this 51-unit complex 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: -$2,963/mo full cashflow at 20% down, 7.43% rate.

Works at $213,300 (64% under asking), or at 92% down.

Rent $2,726/mo from 40 leases of 2-bed condos & townhomes within 2 mi ($2,617–$2,862).

Beds

2

Baths

1

Sqft

840

Year Built

1973

Days on Market

0

Property Type

Townhouse

HOA/mo

$461

MLS ID

260026371SD

This property is in 4S Ranch (92127). View neighborhood stats →

About This Property

Welcome to this beautifully upgraded townhome-style condo located in the highly sought-after Westwood community of Rancho Bernardo. Nestled among lush greenbelts, mature landscaping, and peaceful walking paths, this charming 2-bedroom, 1-bath residence offers the perfect blend of comfort, convenience, and resort-style living in one of North County San Diego’s most desirable neighborhoods. With 840 square feet of thoughtfully updated living space, the home features new flooring, fresh interior paint, upgraded kitchen finishes, newer appliances, and stylish modern touches throughout. Natural light fills the functional open layout, creating a warm and inviting atmosphere from the moment you step inside. The spacious private patio provides an ideal setting for outdoor dining, entertaining, gardening, or simply relaxing in the beautiful San Diego weather. A detached two-car garage offers ample parking and additional storage, while the HOA conveniently covers water. Residents enjoy exclusive access to the renowned Westwood Club, an incredible amenity center featuring resort-style pools and spa, fitness center, tennis, racquetball, and pickleball courts, mini-golf course, playgrounds, clubhouse activities, and more. Located within the award-winning Poway Unified School District and just minutes from shopping, dining, parks, hiking trails, golf courses, and easy freeway access, Rancho Bernardo is known for its strong sense of community, scenic surroundings, and exceptional quality of life.

Mortgage Calculator

Est. Monthly Payment

$4,562

Principal & Interest$3,328
Property Tax$599
Insurance$175
HOA$461
%($119,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Westwood 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

30C
Est. Monthly Rent
$2,726

40 leases of 2-bed condos & townhomes within 2 mi · $2,617–$2,862

Blended 50/50 with the zip's market median ($2,717)

Monthly Cashflow

Rent − PITIA

-$1,837
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,963

What would make this work?

$2,963/mo short at 20% down; 92% down or +$3,848/mo rent closes it.

Break-even price

64% under asking

$213,300
Break-even rent

$3,848/mo above the estimate

$6,574/mo
Cashflow at 35% down
−$2,339/mo
Down payment to break even

$551,080 cash

92%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,328
Cap Rate
1.00%
Cash-on-Cash
-29.68%
DSCR

Need ≥ 1.25 for DSCR loan

0.60

NOI (Annual)
$6,014
Price-to-Rent

Lower = better for investors

18.3

* 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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CCashflow−$2,963/mo