368 Hemlock Ave, Carlsbad, CA, 92008 | 4.26% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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368 Hemlock Ave, Carlsbad, CA, 92008 | 4.26% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Carlsbad at 368 Hemlock Ave, Carlsbad, CA, 92008 with 5% annual appreciation on a $1,200,000 basis while $4,260/mo rent supports operations. 61% in year one. Equity gained on principal adds $7,743/yr, and five-year appreciation sums $331,538 alongside rental yield of 4.26%. Five-year ROI measures 52.85% and total cumulative return in cash totals $205,487. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,260/mo property income versus a $5,873/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Experience Coastal Living in the heart of Carlsbad Village. Perfectly situated in one of Carlsbads premiere beachside neighborhoods, one block from the ocean. Walking distance to downtown Carlsbad Village, with its vibrant restaurants, cozy cafes, and boutique shops. Whether you're relocating or looking for your own retreat style getaway. "Move in ready". Available Fully Furnished. One of four condos in the development . This unique home makes it easy to personalize or unpack unwind and start enjoying the waves, sunsets and village charm. Step inside to soaring vaulted ceilings with dual pane windows that welcome in the cool ocean breeze. Elegant porcelain wood-look tile flooring throughout the home. The kitchen flows into the dining area with sliding doors that open into a spacious view deck perfect for entertaining. Enjoy outdoors with a private paved patio leading from the living room, perfect for morning coffee and light gardening. The Primary bedroom with en-suite full bath and a private balcony. The second bedroom, spacious and a cozy with a west facing window alcove. The laundry nook located on the top floor features a full sized washer and dryer. The mezzanine leading up to the bedrooms provides extra space for an office, art studio, or yoga retreat . Attached is a two car garage with epoxy flooring and direct access. Very low HOA dues. With its unique spacious layout, this home lives far bigger than its square footage suggests. Nestled on a quiet street with no through traffic.

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