1939 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
Investment property for sale in Carlsbad at 1939 Alga Rd UNIT A, Carlsbad, CA, 92009 offers a 6.81% rental yield on a $630,000 purchase with $3,575/mo rent. 19% in year one. Equity gained on principal adds $4,065/yr while 5% annual appreciation supports $174,057 over five years. Portfolio math shows five-year ROI at 93.61% and total cumulative return in cash at $194,026. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,575/mo property income against a $3,084/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
2.92 sqft 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: Teresa Conahan • Compass
Mls Name: CRMLS
Mls ID: #NDP2600594