211 S Washington StLone PineCA93545
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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
Rental property for sale in Lone Pine at 211 S Washington St, Lone Pine, CA, 93545 offers $2,156/mo rent that, after a $1,933/mo payment. Total monthly income is $2,156/mo. Return on cash invested measures 17.28% in year one, and rental yield stands at 6.55% at a $395,000 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,131 by year five. Five-year ROI records 88.72% and total cumulative return in cash reaches $116,166. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,156/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93545, Lone Pine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,138 (100%) |
| Owner Occupied HU | 527 (46.3%) |
| Renter Occupied HU | 394 (34.6%) |
| Vacant Housing Units | 217 (19.1%) |
| Median Home Value | $423,148 |
| Average Home Value | $400,527 |
Housing Distribution
Address Breakdown
Residential
158
Single Family
158
Multi-Family
0
Businesses
110
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Listed by: Nancy Lowthorp • Bishop Real Estate Rasmuson & Associates
Mls Name: Inyo County/Bishop MLS
Mls ID: #2313076