5423 Spencer LnCarlsbadCA92008
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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 Carlsbad at 5423 Spencer Ln, Carlsbad, CA, 92008 offers $5,288/mo rent that, after a $3,719/mo payment, leaves $3/mo cash flow. Total monthly income is $5,288/mo, and annual cash flow is $39/yr on $250,007 cash. Return on cash invested measures 20.08% in year one, and rental yield stands at 8.35% at a $759,900 entry. Equity gained on principal adds $4,904/yr while 5% annual appreciation compounds into $209,946 by year five. Five-year ROI records 104.73% and total cumulative return in cash reaches $261,822. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,288/mo property income versus a $3,719/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1987
4,865 sqft lot
$N/A/sqft
$412 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92008, Carlsbad, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,495 (100%) |
| Owner Occupied HU | 5,994 (44.4%) |
| Renter Occupied HU | 6,119 (45.3%) |
| Vacant Housing Units | 1,382 (10.2%) |
| Median Home Value | $1,266,327 |
| Average Home Value | $1,324,287 |
Housing Distribution
Address Breakdown
Residential
12,219
Single Family
9,858
Multi-Family
2,361
Businesses
2,092
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Listed by: Nicolle Mackey • Compass
Mls Name: SDMLS
Mls Provider:
Mls ID: #250025564
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