NE Corner San Carlos & 13thCarmel By The SeaCA93921
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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 Carmel By The Sea at NE Corner San Carlos & 13th, Carmel By The Sea, CA, 93921 projects strong ROI of 5.62%. Rental yield 2.64%. With 5% annual appreciation, the property builds $799,835 in value over five years. Equity growth combined delivers a projected five-year ROI of 26.1%, translating into $244,785 in total cumulative return on $937,980 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1953
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93921, Carmel, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
237
Single Family
237
Multi-Family
0
Businesses
495
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Listed by: Jamal Noorzoy • Carmel Realty Company
Mls Name: MLSListings Inc
Mls Provider:
Mls ID: #ML81963233
Disclaimer: Based on information from the MLSListings MLS as of 2024-11-21 15:41:43 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.