2340 Hosp Way Unit 120CarlsbadCA92008
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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 2340 Hosp Way Unit 120, Carlsbad, CA, 92008 uses $160,778 cash to close to unlock $7,110/yr annual cash flow and $593/mo monthly cash flow. Total monthly income runs $3,593/mo, and a $2,374/mo payment keeps the spread at $593/mo. Purchase price stands at $485,000, and rental yield measures 8.89% with $3,593/mo rent. Return on cash invested shows 24.33% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 126.56% and total cumulative return in cash records $203,486. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,593/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92008, Carlsbad, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,495 (100%) |
| Owner Occupied HU | 5,994 (44.4%) |
| Renter Occupied HU | 6,119 (45.3%) |
| Vacant Housing Units | 1,382 (10.2%) |
| Median Home Value | $1,266,327 |
| Average Home Value | $1,324,287 |
Housing Distribution
Address Breakdown
Residential
12,219
Single Family
9,858
Multi-Family
2,361
Businesses
2,092
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Listed by: Erica Miller • Coldwell Banker Realty
Mls Name: CRMLS
Mls ID: #NDP2600816