215 Avon CtBig Bear LakeCA92315
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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 Big Bear Lake at 215 Avon Ct, Big Bear Lake, CA, 92315 priced at $1,495,000 converts $4,988/mo rent into after a $7,317/mo obligation. Total monthly income equals $4,988/mo. Return on cash invested prints 9.82% in year one, and rental yield reads 4% against a $1,495,000 entry. Equity gained on principal adds $9,647/yr, while 5% annual appreciation compiles into $413,041 by year five. Five-year ROI reaches 48.61% and total cumulative return in cash sums $235,465. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,988/mo property income covering a $7,317/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92315, Big Bear Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,119 (100%) |
| Owner Occupied HU | 1,446 (14.3%) |
| Renter Occupied HU | 998 ( 9.9%) |
| Vacant Housing Units | 7,675 (75.8%) |
| Median Home Value | $727,355 |
| Average Home Value | $783,110 |
Housing Distribution
Address Breakdown
Residential
742
Single Family
742
Multi-Family
0
Businesses
303
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Nearby investment properties with comparable prices
Listed by: Paul Zamoyta • Wheeler Steffen Sotheby's International Realty
Mls Name: Big Bear AOR
Mls ID: #32405049
Disclaimer: Based on information from the Big Bear Association of REALTORS as of 2024-01-24 09:58:31 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.