2252 Meridian Blvd #34Mammoth LakesCA93546
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 Mammoth Lakes at 2252 Meridian Blvd #34, Mammoth Lakes, CA, 93546 at $675,000 posts ROI 23.55% with $645/mo cash flow from $5,447/mo rent. Total monthly income equals $5,447/mo, and annual cash flow records $7,741/yr on $222,075 to close. Return on cash invested measures 23.55% and rental yield reads 9.68% at the current $675,000. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 by year five. Five-year ROI prints 123.55% and total cumulative return in cash totals $274,383.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,447/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in N/A
N/A lot
$N/A/sqft
$626 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93546, Mammoth Lakes, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,126 (100%) |
| Owner Occupied HU | 1,980 (17.8%) |
| Renter Occupied HU | 1,743 (15.7%) |
| Vacant Housing Units | 7,403 (66.5%) |
| Median Home Value | $711,207 |
| Average Home Value | $798,904 |
Housing Distribution
Address Breakdown
Residential
394
Single Family
394
Multi-Family
0
Businesses
451
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Nearby investment properties with comparable prices
Listed by: Verena Robinson • Mammoth Lakes Resort Realty
Mls Name: MLBOR
Mls Provider:
Mls ID: #240544
Disclaimer: Based on information from the Mammoth Lakes Board of REALTORS (alternatively, from the Mammoth Lakes Board of REALTORS MLS) as of 2024-10-14 21:26:42 PDT. This information is deemed reliable, but not verified or guaranteed. Buyer is advised to verify accuracy of all information. We do business in accordance with the federal, state, and local fair housing laws.