1913 Alga Rd UNIT ACarlsbadCA92009
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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
Rental property for sale in Carlsbad at 1913 Alga Rd UNIT A, Carlsbad, CA, 92009 generates $4,039/mo in rent, after a $4,160/mo payment. Total monthly income is $4,039/mo. Return on cash invested sits at 14.83% in year one, and rental yield is 5.7% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 75.58% and total cumulative return in cash sums $211,354. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,039/mo property income rather than buyer’s personal income.
Condo
Built in 1974
2.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92009, Carlsbad, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,361 (100%) |
| Owner Occupied HU | 12,402 (71.4%) |
| Renter Occupied HU | 4,198 (24.2%) |
| Vacant Housing Units | 761 ( 4.4%) |
| Median Home Value | $1,351,079 |
| Average Home Value | $1,426,560 |
Housing Distribution
Address Breakdown
Residential
16,934
Single Family
14,979
Multi-Family
1,955
Businesses
490
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Listed by: Kelli T Miller • Compass
Mls Name: SDMLS
Mls ID: #250044702