6500 Rainbow Heights RdFallbrookCA92028
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 6500 Rainbow Heights Rd, Fallbrook, CA, 92028 in Fallbrook deserves attention. This $999,900 property earns $9,048/mo in rent, a 10.86% gross yield, and nets $2,862/mo after the $4,496/mo payment. DSCR 2.01 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $276,254 compounds alongside $9,209/yr in yearly equity build, for a total cumulative return of $563,361.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 5.3% |
| Monthly Cash Flow | $2,862 | $450 |
City averages based on Fallbrook market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,048 |
| Total Monthly Debt Service | $5,788 |
| DSCR Ratio | 1.56x |
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 1979
2.55 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
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 1979
2.55 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices