651 Sunset 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
Rental property for sale in Carnelian Bay at 651 Sunset Rd, Carnelian Bay, CA, 96140 priced at $939,000 converts $4,379/mo rent into after a $4,596/mo obligation. Total monthly income equals $4,379/mo. Return on cash invested prints 14.51% in year one, and rental yield reads 5.6% against a $939,000 entry. Equity gained on principal adds $6,059/yr, while 5% annual appreciation compiles into $259,428 by year five. Five-year ROI reaches 73.84% and total cumulative return in cash sums $228,112. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,379/mo property income covering a $4,596/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.30 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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Nearby investment properties with comparable prices
Listed by: Trudi Lee • Sierra Sotheby's Int Realty TC
Mls Name: TSMLS
Mls Provider:
Mls ID: #20251415
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