7026 Valley Greens Cir APT 21CarmelCA93923
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
Total monthly income runs $4,589/mo, and a $7,219/mo payment. Purchase price stands at $1,475,000, and rental yield measures 3.73% with $4,589/mo rent. Return on cash invested shows 8.98% in year one, and 5% annual appreciation builds toward $407,515 over five years. Five-year ROI reaches 44.14% and total cumulative return in cash records $210,958. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,589/mo property income covering a $7,219/mo payment rather than investor’s personal income.
Condo
Built in 1974
1,420 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93923, Carmel, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,097 (100%) |
| Owner Occupied HU | 5,047 (50.0%) |
| Renter Occupied HU | 2,136 (21.2%) |
| Vacant Housing Units | 2,914 (28.9%) |
| Median Home Value | $1,784,061 |
| Average Home Value | $1,684,688 |
Housing Distribution
Address Breakdown
Residential
6,043
Single Family
5,541
Multi-Family
502
Businesses
707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Glaser • Sothebys International Realty
Mls Name: MLSListings Inc
Mls ID: #ML82029102