31549 Highway 1CarmelCA93923
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
Investment Highlights
Investment property for sale in Carmel at 31549 Highway 1, Carmel, CA, 93923 projects strong ROI of 29.29%.
With 5% annual appreciation, the property builds $620,862 in value over five years. Equity growth combined with cash flow delivers a projected five-year ROI of 153.37%, translating into $1,116,664 in total cumulative return on $728,095 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.
Single Family
Built in 1978
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93923, Carmel, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,097 (100%) |
| Owner Occupied HU | 5,047 (50.0%) |
| Renter Occupied HU | 2,136 (21.2%) |
| Vacant Housing Units | 2,914 (28.9%) |
| Median Home Value | $1,784,061 |
| Average Home Value | $1,684,688 |
Housing Distribution
Address Breakdown
Residential
6,043
Single Family
5,541
Multi-Family
502
Businesses
707
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Listed by: N/A • N/A
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