229 E Bush 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 229 E Bush St, Lone Pine, CA, 93545 generates $1,954/mo in rent and, after a $1,463/mo payment, leaves $105/mo in cash flow. Total monthly income is $1,954/mo, and annual cash flow is $1,257/yr on $99,119 invested. Return on cash invested sits at 21.18% in year one, and rental yield is 7.84% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 109.62% and total cumulative return in cash sums $108,658. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,954/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
4,791 sqft 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: #2312859
Disclaimer: Copyright Inyo County/Bishop MLS. All rights reserved. Information is deemed reliable but not guaranteed.