1001 Commonwealth Dr #150Kings 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 #150, Kings Beach, CA, 96143 uses $222,717 cash to close to unlock $17,157/yr annual cash flow and $1,430/mo monthly cash flow. Total monthly income runs $6,293/mo, and a $3,313/mo payment keeps the spread at $1,430/mo. Purchase price stands at $676,950, and rental yield measures 11.16% with $6,293/mo rent. Return on cash invested shows 27.76% in year one, and 5% annual appreciation builds toward $187,029 over five years. Five-year ROI reaches 146.24% and total cumulative return in cash records $325,695. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,293/mo property income covering a $3,313/mo payment rather than investor’s personal income.
Townhouse
Built in 1973
N/A lot
$N/A/sqft
$664 monthly 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: Tom Mills • Coldwell Banker Realty
Mls Name: TSMLS
Mls Provider:
Mls ID: #20241155
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