6490 Rainbow Heights RdFallbrookCA92028
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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 Fallbrook at 6490 Rainbow Heights Rd, Fallbrook, CA, 92028 generates $3,763/mo in rent, after a $6,847/mo payment. Total monthly income is $3,763/mo. Return on cash invested sits at 7.42% in year one, and rental yield is 3.23% on a $1,399,000 entry. Equity gained on principal adds $9,028/yr, while 5% annual appreciation builds toward $386,518 over five years. Five-year ROI reaches 35.77% and total cumulative return in cash sums $162,137. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,763/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
4.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92028, Fallbrook, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,960 (100%) |
| Owner Occupied HU | 13,007 (68.6%) |
| Renter Occupied HU | 4,967 (26.2%) |
| Vacant Housing Units | 986 ( 5.2%) |
| Median Home Value | $873,069 |
| Average Home Value | $950,504 |
Housing Distribution
Address Breakdown
Residential
18,715
Single Family
16,522
Multi-Family
2,193
Businesses
798
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Listed by: Teresa Adams • Sunshine Properties RealEstate
Mls Name: CRMLS
Mls ID: #NDP2509326