36865 Dormody Rd #41, Carmel, CA, 93923 | $3,430/mo Cash Flow

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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 Carmel at 36865 Dormody Rd #41, Carmel, CA, 93923 uses $225,365 cash to close to unlock $41,156/yr annual cash flow and $3,430/mo monthly cash flow. Total monthly income runs $7,980/mo, and a $3,353/mo payment keeps the spread at $3,430/mo. Purchase price stands at $685,000, and rental yield measures 13.98% with $7,980/mo rent. Return on cash invested shows 38.32% in year one, and 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 202.15% and total cumulative return in cash records $455,566. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,980/mo property income covering a $3,353/mo payment rather than investor’s personal income.

Single Family

Built in 2021

N/A lot

$N/A/sqft

$3,750 annually 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