9952 Rainbow Lake RdIgoCA96047
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.43% yield at 9952 Rainbow Lake Rd, Igo, CA, 96047 in Igo is solid, but the $660/mo payment compresses net cash flow to $0/mo at $146,800. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $40,558 by year five, and $1,352/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (2.16) without U.S. income documentation. Total projected return: $88,777.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 5.0% |
| Monthly Cash Flow | $0 | $200 |
City averages based on Igo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,423 |
| Total Monthly Debt Service | $850 |
| DSCR Ratio | 1.67x |
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 1962
4.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96047, Igo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 438 (100%) |
| Owner Occupied HU | 310 (70.8%) |
| Renter Occupied HU | 57 (13.0%) |
| Vacant Housing Units | 71 (16.2%) |
| Median Home Value | $578,358 |
| Average Home Value | $633,347 |
Housing Distribution
Address Breakdown
Residential
149
Single Family
149
Multi-Family
0
Businesses
12
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 1962
4.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96047, Igo, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 438 (100%) |
| Owner Occupied HU | 310 (70.8%) |
| Renter Occupied HU | 57 (13.0%) |
| Vacant Housing Units | 71 (16.2%) |
| Median Home Value | $578,358 |
| Average Home Value | $633,347 |
Housing Distribution
Address Breakdown
Residential
149
Single Family
149
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A