220 Old County RdCarnelian BayCA96140
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4% gross rental yield, 220 Old County Rd, Carnelian Bay, CA, 96140 in Carnelian Bay is priced for capital growth, not immediate cash flow. The $525,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $145,048 by year five, with $4,835/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.74) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $98,824.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 6.0% |
| Monthly Cash Flow | $(1,563) | $1,500 |
City averages based on Carnelian Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,751 |
| Total Monthly Debt Service | $3,104 |
| DSCR Ratio | 0.56x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1942
9,565 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96140, Carnelian Bay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,973 (100%) |
| Owner Occupied HU | 456 (23.1%) |
| Renter Occupied HU | 126 ( 6.4%) |
| Vacant Housing Units | 1,391 (70.5%) |
| Median Home Value | $1,067,901 |
| Average Home Value | $1,226,776 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
64
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
Single Family
Built in 1942
9,565 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96140, Carnelian Bay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,973 (100%) |
| Owner Occupied HU | 456 (23.1%) |
| Renter Occupied HU | 126 ( 6.4%) |
| Vacant Housing Units | 1,391 (70.5%) |
| Median Home Value | $1,067,901 |
| Average Home Value | $1,226,776 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
64
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tristan Roberts • Coldwell Banker Realty
Mls Name: TSMLS
Mls Provider:
Mls ID: #20250976
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