1668 Carmelita LnLa GrangeCA95329
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 La Grange at 1668 Carmelita Ln, La Grange, CA, 95329 listed at $283,999 pairs $2,603/mo rent with a $1,390/mo payment to leave $846/mo cash flow. Total monthly income runs $2,603/mo, and annual cash flow reaches $10,154/yr on $94,146 cash to close. Return on cash invested measures 30.69% in year one, and rental yield registers 11% at a $283,999 basis. Equity gained on principal adds $1,833/yr, and annual property appreciation at 5% supports $78,464 by year five. Five-year ROI tracks 160.71% and total cumulative return in cash totals $151,300. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,603/mo property income relative to a $1,390/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1990
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95329, La Grange, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 898 (64.3%) |
| Renter Occupied HU | 193 (13.8%) |
| Vacant Housing Units | 306 (21.9%) |
| Median Home Value | $411,792 |
| Average Home Value | $450,782 |
Housing Distribution
Address Breakdown
Residential
1,130
Single Family
1,130
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francisco Ruvalcaba • J.Peter Realtors
Mls Name: MetroList Services of CA
Mls ID: #225132283