4706 Carmet DrBodega BayCA94923
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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 Bodega Bay at 4706 Carmet Dr, Bodega Bay, CA, 94923 priced at $1,500,000 converts $5,536/mo rent into after a $7,342/mo obligation. Total monthly income equals $5,536/mo. Return on cash invested prints 11.13% in year one, and rental yield reads 4.43% against a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation compiles into $414,422 by year five. Five-year ROI reaches 55.65% and total cumulative return in cash sums $270,443. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,536/mo property income covering a $7,342/mo payment, not borrower’s personal income.
Single Family
Built in 1953
10,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 94923, Bodega Bay, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,338 (100%) |
| Owner Occupied HU | 463 (34.6%) |
| Renter Occupied HU | 146 (10.9%) |
| Vacant Housing Units | 729 (54.5%) |
| Median Home Value | $1,281,762 |
| Average Home Value | $1,365,443 |
Housing Distribution
Address Breakdown
Residential
151
Single Family
151
Multi-Family
0
Businesses
76
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Nearby investment properties with comparable prices
Listed by: Thera Buttaro • Sonoma Coast Living
Mls Name: BAREIS
Mls Provider:
Mls ID: #324062472
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.