1218 Carmelo StSoledadCA93960
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Soledad at 1218 Carmelo St, Soledad, CA, 93960 earns $1,151/mo cash flow from $5,945/mo rent with a $3,793/mo payment. Total monthly income totals $5,945/mo, and annual cash flow totals $13,811/yr on $254,975 capital. ROI tracks 25.48% on current figures, and rental yield reads 9.21% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 132.65% and total cumulative return in cash sums $338,227. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,945/mo property income instead of your personal income.
Single Family
Built in 2005
4,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93960, Soledad, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,319 (100%) |
| Owner Occupied HU | 3,009 (56.6%) |
| Renter Occupied HU | 2,113 (39.7%) |
| Vacant Housing Units | 197 ( 3.7%) |
| Median Home Value | $603,564 |
| Average Home Value | $647,328 |
Housing Distribution
Address Breakdown
Residential
4,817
Single Family
4,699
Multi-Family
118
Businesses
345
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Listed by: Jorge Edeza • Remax Property Experts
Mls Name: MLSListings Inc
Mls ID: #ML82030026