1300 Regency Way #44Kings 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 1300 Regency Way #44, Kings Beach, CA, 96143 uses $94,478 cash to close to unlock $1,726/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $2,450/mo, and a $1,395/mo payment keeps the spread at $144/mo. Purchase price stands at $285,000, and rental yield measures 10.32% with $2,450/mo rent. Return on cash invested shows 21.74% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 115.13% and total cumulative return in cash records $108,774. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,450/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$543 monthly 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: Kameron Izadjou • Golden Gate Properties
Mls Name: BAREIS
Mls Provider:
Mls ID: #224097104
Disclaimer: Listing information deemed reliable but not guaranteed. Copyright 2024 Bay Area Real Estate Information Services, Inc. All Right Reserved.