221 Carey AveFreedomCA95019
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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 Freedom at 221 Carey Ave, Freedom, CA, 95019 generates $3,671/mo in rent, after a $6,113/mo payment. Total monthly income is $3,671/mo. Return on cash invested sits at 8.34% in year one, and rental yield is 3.53% on a $1,249,000 entry. Equity gained on principal adds $8,060/yr, while 5% annual appreciation builds toward $345,076 over five years. Five-year ROI reaches 40.72% and total cumulative return in cash sums $164,795. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,671/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
10,237 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95019, Freedom, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,969 (100%) |
| Owner Occupied HU | 905 (46.0%) |
| Renter Occupied HU | 1,031 (52.4%) |
| Vacant Housing Units | 33 ( 1.7%) |
| Median Home Value | $585,792 |
| Average Home Value | $606,329 |
Housing Distribution
Address Breakdown
Residential
1,875
Single Family
1,602
Multi-Family
273
Businesses
373
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Listed by: Christopher Charman • Santa Cruz Vanguard Realtors
Mls Name: MLSListings Inc
Mls ID: #ML82018288