10493 Iris RdTruckeeCA96161
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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
Rental property for sale in Truckee at 10493 Iris Rd, Truckee, CA, 96161 generates $4,162/mo in rent, after a $4,038/mo payment. Total monthly income is $4,162/mo. Return on cash invested sits at 15.9% in year one, and rental yield is 6.05% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 81.29% and total cumulative return in cash sums $220,653. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,162/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96161, Truckee, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,783 (100%) |
| Owner Occupied HU | 5,476 (29.2%) |
| Renter Occupied HU | 2,412 (12.8%) |
| Vacant Housing Units | 10,895 (58.0%) |
| Median Home Value | $908,842 |
| Average Home Value | $1,029,997 |
Housing Distribution
Address Breakdown
Residential
8,949
Single Family
8,128
Multi-Family
821
Businesses
846
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Listed by: Allyson G Raber • Dickson Realty
Mls Name: TSMLS
Mls ID: #20251908