1001 Commonwealth Dr #114Kings BeachCA96143
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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 Kings Beach at 1001 Commonwealth Dr #114, Kings Beach, CA, 96143 offers a 8.18% rental yield on a $599,000 purchase with $4,082/mo rent. Total monthly income registers $4,082/mo, and a $2,932/mo payment leaves $376/mo available for distribution. Annual cash flow reaches $4,515/yr on $197,071 to close, and return on cash invested stands at 22.35% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 115.92% and total cumulative return in cash at $228,442. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,082/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96143, Kings Beach, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,417 (100%) |
| Owner Occupied HU | 584 (24.2%) |
| Renter Occupied HU | 822 (34.0%) |
| Vacant Housing Units | 1,011 (41.8%) |
| Median Home Value | $855,590 |
| Average Home Value | $997,179 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
126
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Listed by: Celia Klein • Engel & Volkers Truckee
Mls Name: TSMLS
Mls ID: #20251605