37200 Nason Rd SPACE 18Carmel 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
Investment property for sale in Carmel Valley at 37200 Nason Rd SPACE 18, Carmel Valley, CA, 93924 uses $119,340 cash to close to unlock $3,192/yr annual cash flow and $266/mo monthly cash flow. Total monthly income runs $2,493/mo, and a $1,762/mo payment keeps the spread at $266/mo. Purchase price stands at $360,000, and rental yield measures 8.31% with $2,493/mo rent. Return on cash invested shows 22.58% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 117.17% and total cumulative return in cash records $139,833. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,493/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Manufactured
Built in 2017
N/A 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: Clara Rivera Luna • Ikonik Realty
Mls Name: MLSListings Inc
Mls ID: #ML82026414