1320 Evergreen DrCardiffCA92007
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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 Cardiff at 1320 Evergreen Dr, Cardiff, CA, 92007 offers a 8.5% rental yield on a $949,000 purchase with $6,720/mo rent. Total monthly income registers $6,720/mo, and a $4,645/mo payment leaves $849/mo available for distribution. Annual cash flow reaches $10,190/yr on $312,221 to close, and return on cash invested stands at 23.32% in year one. Equity gained on principal adds $6,124/yr while 5% annual appreciation supports $262,191 over five years. Portfolio math shows five-year ROI at 121.13% and total cumulative return in cash at $378,180. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,720/mo property income against a $4,645/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1974
1,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92007, Cardiff By The Sea, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,898 (100%) |
| Owner Occupied HU | 2,712 (55.4%) |
| Renter Occupied HU | 1,758 (35.9%) |
| Vacant Housing Units | 428 ( 8.7%) |
| Median Home Value | $1,669,375 |
| Average Home Value | $1,627,134 |
Housing Distribution
Address Breakdown
Residential
4,629
Single Family
4,434
Multi-Family
195
Businesses
476
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Listed by: Jill Mitzev • Inhabit Collective
Mls Name: CRMLS
Mls ID: #OC26009516