1482 Glenwood Ln #40BishopCA93514
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 Bishop at 1482 Glenwood Ln #40, Bishop, CA, 93514 uses $34,808 cash to close to unlock $1,852/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $804/mo, and a $514/mo payment keeps the spread at $154/mo. Purchase price stands at $105,000, and rental yield measures 9.19% with $804/mo rent. Return on cash invested shows 25.23% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 131.46% and total cumulative return in cash records $45,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $804/mo property income covering a $514/mo payment rather than investor’s personal income.
Manufactured
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93514, Bishop, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,002 (100%) |
| Owner Occupied HU | 4,060 (58.0%) |
| Renter Occupied HU | 2,009 (28.7%) |
| Vacant Housing Units | 933 (13.3%) |
| Median Home Value | $477,325 |
| Average Home Value | $482,653 |
Housing Distribution
Address Breakdown
Residential
6,406
Single Family
6,082
Multi-Family
324
Businesses
568
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Claudia Alexander • Bishop Real Estate Rasmuson & Associates
Mls Name: Inyo County/Bishop MLS
Mls ID: #2312934
Disclaimer: Copyright Inyo County/Bishop MLS. All rights reserved. Information is deemed reliable but not guaranteed.