140 N Washington StIndependenceCA93526
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
Investment property for sale in Independence at 140 N Washington St, Independence, CA, 93526 at $359,900 posts ROI 23% with $307/mo cash flow from $2,534/mo rent. Total monthly income equals $2,534/mo, and annual cash flow records $3,686/yr on $119,307 to close. Return on cash invested measures 23% and rental yield reads 8.45% at the current $359,900. Equity gained on principal adds $2,322/yr, and 5% annual appreciation supports $99,434 by year five. Five-year ROI prints 119.43% and total cumulative return in cash totals $142,490.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,534/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1922
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93526, Independence, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 501 (100%) |
| Owner Occupied HU | 244 (48.7%) |
| Renter Occupied HU | 90 (18.0%) |
| Vacant Housing Units | 167 (33.3%) |
| Median Home Value | $314,815 |
| Average Home Value | $406,865 |
Housing Distribution
Address Breakdown
Residential
186
Single Family
156
Multi-Family
30
Businesses
76
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Nearby investment properties with comparable prices
Listed by: Randi Pritchard • Eastern Sierra Realty
Mls Name: Inyo County/Bishop MLS
Mls ID: #2312730
Disclaimer: Copyright Inyo County/Bishop MLS. All rights reserved. Information is deemed reliable but not guaranteed.