3895 Summit RdCarnelian BayCA96140
Nearby investment properties with comparable rents
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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
Rental property for sale in Carnelian Bay at 3895 Summit Rd, Carnelian Bay, CA, 96140 generates $5,401/mo in rent, after a $7,954/mo payment. Total monthly income is $5,401/mo. Return on cash invested sits at 9.77% in year one, and rental yield is 3.99% on a $1,625,000 entry. Equity gained on principal adds $10,486/yr, while 5% annual appreciation builds toward $448,958 over five years. Five-year ROI reaches 48.36% and total cumulative return in cash sums $254,620. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,401/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96140, Carnelian Bay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,973 (100%) |
| Owner Occupied HU | 456 (23.1%) |
| Renter Occupied HU | 126 ( 6.4%) |
| Vacant Housing Units | 1,391 (70.5%) |
| Median Home Value | $1,067,901 |
| Average Home Value | $1,226,776 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
64
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Nearby investment properties with comparable prices
Listed by: Todd Killian • Carr Long Real Estate
Mls Name: TSMLS
Mls Provider:
Mls ID: #20251036
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