2273 McGalliard AveBishopCA93514
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 2273 McGalliard Ave, Bishop, CA, 93514 offers a 9.21% rental yield on a $159,900 purchase with $1,227/mo rent. Total monthly income registers $1,227/mo, and a $783/mo payment leaves $237/mo available for distribution. Annual cash flow reaches $2,850/yr on $53,007 to close, and return on cash invested stands at 25.28% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 131.7% and total cumulative return in cash at $69,810. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,227/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
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: Nancy Lowthorp • Bishop Real Estate Rasmuson & Associates
Mls Name: Inyo County/Bishop MLS
Mls ID: #2312905
Disclaimer: Copyright Inyo County/Bishop MLS. All rights reserved. Information is deemed reliable but not guaranteed.