661 Golden Gate DrCarlottaCA95528
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 Carlotta at 661 Golden Gate Dr, Carlotta, CA, 95528 priced at $295,000 pairs $1,940/mo rent with $115/mo cash flow after a $1,444/mo payment. Total monthly income equals $1,940/mo, and annual cash flow comes to $1,379/yr on $97,793 invested. Return on cash invested is 21.32% in year one, and rental yield stands at 7.89% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 110.39% and total cumulative return in cash reaches $107,954. For financing, Ziffy Mortgage’s DSCR program evaluates $1,940/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95528, Carlotta, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 486 (100%) |
| Owner Occupied HU | 290 (59.7%) |
| Renter Occupied HU | 92 (18.9%) |
| Vacant Housing Units | 104 (21.4%) |
| Median Home Value | $632,597 |
| Average Home Value | $655,319 |
Housing Distribution
Address Breakdown
Residential
366
Single Family
366
Multi-Family
0
Businesses
12
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Listed by: Kayla Dias • Cornerstone Realty
Mls Name: HBMLS
Mls ID: #268311