2294 McCree AveBishopCA93514
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 2294 McCree Ave, Bishop, CA, 93514 in Bishop achieves a 1.73 ratio at $165,000: $1,286/mo rent versus $742/mo debt service. Rental yield 9.35%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.35% yield compounds alongside 5% annual appreciation projecting $45,586 in value. Total projected cumulative return: $34,046.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $(495) | $1,500 |
City averages based on Bishop market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,286 |
| Total Monthly Debt Service | $1,715 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1971
N/A lot
$N/A/sqft
$760 monthly 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
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
Manufactured
Built in 1971
N/A lot
$N/A/sqft
$760 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randi Pritchard • Eastern Sierra Realty
Mls Name: MLBOR
Mls Provider:
Mls ID: #250073
Disclaimer: Based on information from the Mammoth Lakes Board of REALTORS (alternatively, from the Mammoth Lakes Board of REALTORS MLS) as of 2025-02-12 01:44:28 PST. 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.