1523 Glenwood LnBishopCA93514
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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 1523 Glenwood Ln, Bishop, CA, 93514 offers a 9.58% rental yield on a $109,900 purchase with $877/mo rent. Total monthly income registers $877/mo, and a $538/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,364/yr on $36,432 to close, and return on cash invested stands at 26.4% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 137.76% and total cumulative return in cash at $50,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $877/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
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
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Listed by: Randi Pritchard • Eastern Sierra Realty
Mls Name: MLBOR
Mls ID: #250727