4530 Muletail DrCarnelian BayCA96140
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 4530 Muletail Dr, Carnelian Bay, CA, 96140 in Carnelian Bay at $1,475,000, 3.4% gross yield, is a market-growth asset. Rental yield 3.4%. The $4,618/mo rent partially funds the $6,633/mo debt service; the core return is the 5%/yr price growth projected to add $407,515 over five years. Ziffy Mortgage's DSCR mortgage (0.70) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $269,239.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.4% | 6.0% |
| Monthly Cash Flow | $(5,459) | $1,500 |
City averages based on Carnelian Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,618 |
| Total Monthly Debt Service | $8,538 |
| DSCR Ratio | 0.54x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alex Min • Sierra Sotheby's Int Realty TC
Mls Name: TSMLS
Mls ID: #20251816