144 E Market 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
Rental property for sale in Independence at 144 E Market St, Independence, CA, 93526 priced at $315,000 pairs $3,696/mo rent with $1,747/mo cash flow after a $1,542/mo payment. Total monthly income equals $3,696/mo, and annual cash flow comes to $20,965/yr on $104,423 invested. Return on cash invested is 39.99% in year one, and rental yield stands at 14.08% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 210.53% and total cumulative return in cash reaches $219,845. For financing, Ziffy Mortgage’s DSCR program evaluates $3,696/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.45 Acres 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: Claudia Alexander • Bishop Real Estate Rasmuson & Associates
Mls Name: Inyo County/Bishop MLS
Mls ID: #2312695
Disclaimer: Copyright Inyo County/Bishop MLS. All rights reserved. Information is deemed reliable but not guaranteed.