12974 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 12974 Rainbow Dr, Truckee, CA, 96161 offers a 7.61% rental yield on a $835,000 purchase with $5,298/mo rent. Total monthly income registers $5,298/mo, and a $4,087/mo payment leaves $132/mo available for distribution. Annual cash flow reaches $1,589/yr on $274,715 to close, and return on cash invested stands at 20.64% in year one. Equity gained on principal adds $5,388/yr while 5% annual appreciation supports $230,695 over five years. Portfolio math shows five-year ROI at 106.72% and total cumulative return in cash at $293,176. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,298/mo property income against a $4,087/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
10,018 sqft 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: Kerry E McNew-Fenton • Sierra Sotheby's Int Realty TC
Mls Name: TSMLS
Mls ID: #20251773