8630 Steelhead Ave #1-3Kings 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 8630 Steelhead Ave #1-3, Kings Beach, CA, 96143 listed at $949,000 pairs $7,208/mo rent with a $4,645/mo payment to leave $1,337/mo cash flow. Total monthly income runs $7,208/mo, and annual cash flow reaches $16,046/yr on $312,221 cash to close. Return on cash invested measures 25.2% in year one, and rental yield registers 9.11% at a $949,000 basis. Equity gained on principal adds $6,124/yr, and annual property appreciation at 5% supports $262,191 by year five. Five-year ROI tracks 131.18% and total cumulative return in cash totals $409,572. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,208/mo property income relative to a $4,645/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
7,840 sqft lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: Sue Daniels • Coldwell Banker Realty
Mls Name: TSMLS
Mls ID: #20252267