4105 Robert AveCarnelian BayCA96140
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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 Carnelian Bay at 4105 Robert Ave, Carnelian Bay, CA, 96140 uses $132,600 cash to close to unlock $9,448/yr annual cash flow and $787/mo monthly cash flow. Total monthly income runs $3,262/mo, and a $1,958/mo payment keeps the spread at $787/mo. Purchase price stands at $399,999, and rental yield measures 9.79% with $3,262/mo rent. Return on cash invested shows 27.03% in year one, and 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 141.06% and total cumulative return in cash records $187,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,262/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Lot
Built in N/A
7,361 sqft 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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Listed by: David Howie • Aston Morley
Mls Name: TSMLS
Mls Provider:
Mls ID: #20241855
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