11979 Rainbow DrTruckeeCA96161
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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 Truckee at 11979 Rainbow Dr, Truckee, CA, 96161 uses $53,040 cash to close to unlock $24,417/yr annual cash flow and $2,035/mo monthly cash flow. Total monthly income runs $3,080/mo, and a $783/mo payment keeps the spread at $2,035/mo. Purchase price stands at $160,000, and rental yield measures 23.1% with $3,080/mo rent. Return on cash invested shows 65.94% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 350.16% and total cumulative return in cash records $185,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,080/mo property income covering a $783/mo payment rather than investor’s personal income.
Lot
Built in N/A
0.26 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: Maureen Warmerdam • Dickson Realty
Mls Name: TSMLS
Mls Provider:
Mls ID: #20240869
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