8637 Brook AveKings BeachCA96143
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
Investment Highlights
Rental property for sale in Kings Beach at 8637 Brook Ave, Kings Beach, CA, 96143 generates $5,928/mo in rent and, after a $4,038/mo payment, leaves $824/mo in cash flow. Total monthly income is $5,928/mo, and annual cash flow is $9,892/yr on $271,425 invested. Return on cash invested sits at 23.7% in year one, and rental yield is 8.62% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 123.16% and total cumulative return in cash sums $334,293. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,928/mo property income rather than buyer’s personal income.
Single Family
Built in 1934
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Fancy Rutherford • Tahoe Mountain Realty
Mls Name: TSMLS
Mls Provider:
Mls ID: #20241836
Disclaimer: The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The information being provided is for the consumers personal , non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2024 Tahoe Sierra Multiple Listing Service. All rights reserved.