8816 Rainbow 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 8816 Rainbow Ave, Kings Beach, CA, 96143 offers $5,556/mo rent that, after a $3,670/mo payment, leaves $685/mo cash flow. Total monthly income is $5,556/mo, and annual cash flow is $8,219/yr on $246,717 cash. Return on cash invested measures 23.39% in year one, and rental yield stands at 8.89% at a $749,900 entry. Equity gained on principal adds $4,839/yr while 5% annual appreciation compounds into $207,184 by year five. Five-year ROI records 121.88% and total cumulative return in cash reaches $300,706. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,556/mo property income versus a $3,670/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
N/A 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: David Smith • Centr-21 Tahoe North, Realtors
Mls Name: TSMLS
Mls Provider:
Mls ID: #20241884
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