Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $323.2k | $673/mo |
| Price-to-Rent Ratio | 40.0years of rent | |
| Monthly Payment | $1.6kat 6.5%, 20% down | $673 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.5% | |
Interactive Calculator
Adjust the numbers to match your situation and see how buying compares to renting over time.
Buy is better
10 years
Monthly Mortgage
$1,634
Home Value After 10 Years
$434,316
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$45,592
Total Cost (Rent)$80,760
Net Difference+$35,168
Buying is cheaper by $35,168 over this period.
Top Sale Listings in Carvin
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Market Context
Sale Listings84
Rent Listings1
Avg Sale $/m²$2,776/m²
Avg Rent $/m²$15/m²
This is an estimate. Consult a financial advisor before making any real estate decision.