21900 Parrott Ranch RdCarmel 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
Total monthly income runs $6,535/mo, and a $7,317/mo payment. Purchase price stands at $1,495,000, and rental yield measures 5.25% with $6,535/mo rent. Return on cash invested shows 13.65% in year one, and 5% annual appreciation builds toward $413,041 over five years. Five-year ROI reaches 69.16% and total cumulative return in cash records $335,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,535/mo property income covering a $7,317/mo payment rather than investor’s personal income.
Single Family
Built in 2001
20 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: Kathy Baker • Carmel Valley Realty Company
Mls Name: MLSListings Inc
Mls ID: #ML82011738