618 Mount Carmel DrClaremontCA91711
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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 Claremont at 618 Mount Carmel Dr, Claremont, CA, 91711 with 5% annual appreciation on a $1,399,900 basis while $6,017/mo rent supports operations. 38% in year one. Equity gained on principal adds $9,033/yr, and five-year appreciation sums $386,767 alongside rental yield of 5.16%. Five-year ROI measures 67.71% and total cumulative return in cash totals $307,116. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,017/mo property income versus a $6,852/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
9,273 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 91711, Claremont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,515 (100%) |
| Owner Occupied HU | 8,136 (60.2%) |
| Renter Occupied HU | 4,606 (34.1%) |
| Vacant Housing Units | 773 ( 5.7%) |
| Median Home Value | $903,604 |
| Average Home Value | $1,020,082 |
Housing Distribution
Address Breakdown
Residential
12,708
Single Family
11,510
Multi-Family
1,198
Businesses
1,407
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Listed by: Laura Shaw • Sothebys International Realty
Mls Name: CRMLS
Mls ID: #SR26002331