2677 State St #301CarlsbadCA92008
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Carlsbad at 2677 State St #301, Carlsbad, CA, 92008 projects strong ROI of 9.1%. Rental yield 3.59%. With 5% annual appreciation, the property builds $798,454 in value over five years. Equity growth combined delivers a projected five-year ROI of 61.54%, translating into $502,397 in total cumulative return on $816,425 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.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 5.5% |
| Monthly Cash Flow | $(9,222) | $1,500 |
City averages based on Carlsbad market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,656 |
| Total Monthly Debt Service | $16,728 |
| DSCR Ratio | 0.52x |
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.
Condo
Built in 2021
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
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
Condo
Built in 2021
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Cochran • Judson Real Estate
Mls Name: CRMLS
Mls ID: #NDP2507626