1001 Commonwealth Dr #97Kings 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 #97, Kings Beach, CA, 96143 uses $157,429 cash to close to unlock $4,339/yr annual cash flow and $362/mo monthly cash flow. Total monthly income runs $3,299/mo, and a $2,324/mo payment keeps the spread at $362/mo. Purchase price stands at $474,900, and rental yield measures 8.34% with $3,299/mo rent. Return on cash invested shows 22.67% in year one, and 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 117.62% and total cumulative return in cash records $185,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,299/mo property income covering a $2,324/mo payment rather than investor’s personal income.
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: C. Kelly Smith • Centr-21 Tahoe North, Realtors
Mls Name: TSMLS
Mls ID: #20252367