196 Laurel DrCarmel ValleyCA93924
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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 Carmel Valley at 196 Laurel Dr, Carmel Valley, CA, 93924 projects strong ROI of 5.79%. Rental yield 2.7%. With 5% annual appreciation, the property builds $908,966 in value over five years. Equity growth combined delivers a projected five-year ROI of 27%, translating into $287,799 in total cumulative return on $1,065,960 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1965
3.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93924, Carmel Valley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,062 (100%) |
| Owner Occupied HU | 1,905 (62.2%) |
| Renter Occupied HU | 705 (23.0%) |
| Vacant Housing Units | 452 (14.8%) |
| Median Home Value | $1,293,929 |
| Average Home Value | $1,396,655 |
Housing Distribution
Address Breakdown
Residential
2,818
Single Family
2,733
Multi-Family
85
Businesses
312
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Listed by: Courtney Stanley • Sothebys International Realty
Mls Name: MLSListings Inc
Mls ID: #ML82018361