488 Old County RdCarnelian 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 488 Old County Rd, Carnelian Bay, CA, 96140 projects strong ROI of 5.99%. Rental yield 2.81%. With 5% annual appreciation, the property builds $1,140,767 in value over five years. Equity growth combined delivers a projected five-year ROI of 28.14%, translating into $376,419 in total cumulative return on $1,337,796 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1979
0.47 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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Listed by: Liza Killen • Tahoe Mountain Realty
Mls Name: TSMLS
Mls Provider:
Mls ID: #20241705
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