3309 Lakeview DrNiceCA95464
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 3309 Lakeview Dr, Nice, CA, 95464 in Nice. At $299,500 it earns $2,452/mo in rent and distributes $599/mo to the owner after the $1,347/mo payment, a consistent 9.82% yield. DSCR 1.82 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $82,746 in value; $2,758/yr in principal paydown compounds ownership stake. Total projected return: $152,168.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.0% |
| Monthly Cash Flow | $599 | $300 |
City averages based on Nice market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,452 |
| Total Monthly Debt Service | $1,734 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95464, Nice, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,395 (100%) |
| Owner Occupied HU | 747 (53.5%) |
| Renter Occupied HU | 380 (27.2%) |
| Vacant Housing Units | 268 (19.2%) |
| Median Home Value | $156,157 |
| Average Home Value | $228,337 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
320
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2007
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95464, Nice, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,395 (100%) |
| Owner Occupied HU | 747 (53.5%) |
| Renter Occupied HU | 380 (27.2%) |
| Vacant Housing Units | 268 (19.2%) |
| Median Home Value | $156,157 |
| Average Home Value | $228,337 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
320
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rick White • Konocti Realty
Mls Name: CRMLS
Mls ID: #LC25152058