273 W Carmel Valley 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
Rental property for sale in Carmel Valley at 273 W Carmel Valley Rd, Carmel Valley, CA, 93924 generates $5,670/mo in rent, after a $7,826/mo payment. Total monthly income is $5,670/mo. Return on cash invested sits at 10.59% in year one, and rental yield is 4.26% on a $1,599,000 entry. Equity gained on principal adds $10,318/yr, while 5% annual appreciation builds toward $441,774 over five years. Five-year ROI reaches 52.77% and total cumulative return in cash sums $273,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,670/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
1.13 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: The Ruiz Group • Keller Williams Realty
Mls Name: MLSListings Inc
Mls ID: #ML82027505