1001 Commonwealth Dr #56Kings 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
Total monthly income runs $4,308/mo, and a $3,421/mo payment. Purchase price stands at $699,000, and rental yield measures 7.4% with $4,308/mo rent. Return on cash invested shows 19.98% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 103.19% and total cumulative return in cash records $237,302. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,308/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Condo
Built in 1970
749.23 sqft 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: Samm Haden • eXp Realty of Northern California, Inc.
Mls Name: MetroList Services of CA
Mls ID: #225102410