SE Corner Of 2nd & GuadalupeCarmel 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
Rental property for sale in Carmel By The Sea at SE Corner Of 2nd & Guadalupe, Carmel By The Sea, CA, 93921 offers $5,400/mo rent that, after a $8,565/mo payment. Total monthly income is $5,400/mo. Return on cash invested measures 8.89% in year one, and rental yield stands at 3.7% at a $1,750,000 entry. Equity gained on principal adds $11,292/yr while 5% annual appreciation compounds into $483,493 by year five. Five-year ROI records 43.64% and total cumulative return in cash reaches $247,425. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,400/mo property income versus a $8,565/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
3,920 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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Nearby investment properties with comparable prices
Listed by: Christine Chin • Carmel Realty Company
Mls Name: MLSListings Inc
Mls ID: #ML82032365