550 Carnelian RdCarnelian BayCA96140
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
Investment Highlights
Rental property for sale in Carnelian Bay at 550 Carnelian Rd, Carnelian Bay, CA, 96140 offers $4,388/mo rent that, after a $5,873/mo payment. Total monthly income is $4,388/mo. Return on cash invested measures 10.4% in year one, and rental yield stands at 4.39% at a $1,200,000 entry. Equity gained on principal adds $7,743/yr while 5% annual appreciation compounds into $331,538 by year five. Five-year ROI records 51.95% and total cumulative return in cash reaches $201,983. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,388/mo property income versus a $5,873/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.47 Acres lot
$N/A/sqft
$590 quarterly 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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Nearby investment properties with comparable prices
Listed by: Miranda R Miller • Chase International - TC
Mls Name: TSMLS
Mls Provider:
Mls ID: #20251751
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