2982 Luciernaga St UNIT 7CarlsbadCA92009
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 2982 Luciernaga St UNIT 7, Carlsbad, CA, 92009 in Carlsbad: $8,652/mo in rent, $2,400/mo net, 10.93% gross yield, all on a $950,000 acquisition. The 2.03 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $262,467 in value, and $8,750/yr in principal paydown steadily builds equity. Projected total cumulative return: $516,267.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 5.5% |
| Monthly Cash Flow | $2,400 | $1,500 |
City averages based on Carlsbad market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,652 |
| Total Monthly Debt Service | $5,874 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 1982
0.70 Acres lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92009, Carlsbad, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,361 (100%) |
| Owner Occupied HU | 12,402 (71.4%) |
| Renter Occupied HU | 4,198 (24.2%) |
| Vacant Housing Units | 761 ( 4.4%) |
| Median Home Value | $1,351,079 |
| Average Home Value | $1,426,560 |
Housing Distribution
Address Breakdown
Residential
16,934
Single Family
14,979
Multi-Family
1,955
Businesses
490
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
Townhouse
Built in 1982
0.70 Acres lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92009, Carlsbad, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,361 (100%) |
| Owner Occupied HU | 12,402 (71.4%) |
| Renter Occupied HU | 4,198 (24.2%) |
| Vacant Housing Units | 761 ( 4.4%) |
| Median Home Value | $1,351,079 |
| Average Home Value | $1,426,560 |
Housing Distribution
Address Breakdown
Residential
16,934
Single Family
14,979
Multi-Family
1,955
Businesses
490
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices