108 Elmcrest DrBig PineCA93513
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 Big Pine at 108 Elmcrest Dr, Big Pine, CA, 93513 offers $3,114/mo rent that, after a $2,305/mo payment, leaves $201/mo cash flow. Total monthly income is $3,114/mo, and annual cash flow is $2,407/yr on $156,137 cash. Return on cash invested measures 21.45% in year one, and rental yield stands at 7.93% at a $471,000 entry. Equity gained on principal adds $3,039/yr while 5% annual appreciation compounds into $130,129 by year five. Five-year ROI records 111.11% and total cumulative return in cash reaches $173,483. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,114/mo property income versus a $2,305/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93513, Big Pine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 890 (100%) |
| Owner Occupied HU | 598 (67.2%) |
| Renter Occupied HU | 175 (19.7%) |
| Vacant Housing Units | 117 (13.1%) |
| Median Home Value | $416,860 |
| Average Home Value | $414,716 |
Housing Distribution
Address Breakdown
Residential
432
Single Family
432
Multi-Family
0
Businesses
50
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Listed by: Nancy Lowthorp • Bishop Real Estate Rasmuson & Associates
Mls Name: Inyo County/Bishop MLS
Mls ID: #2313121