2320 Edinburgh AveBishopCA93514
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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
Investment property for sale in Bishop at 2320 Edinburgh Ave, Bishop, CA, 93514 at $129,900 posts ROI 71.55% with $1,853/mo cash flow from $3,377/mo rent. Total monthly income equals $3,377/mo, and annual cash flow records $22,239/yr on $43,062 to close. Return on cash invested measures 71.55% and rental yield reads 31.2% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 387.14% and total cumulative return in cash totals $166,711.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,377/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1994
N/A lot
$N/A/sqft
$720 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
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Listed by: Randi Pritchard • Eastern Sierra Realty
Mls Name: MLBOR
Mls Provider:
Mls ID: #240562
Disclaimer: Based on information from the Mammoth Lakes Board of REALTORS (alternatively, from the Mammoth Lakes Board of REALTORS MLS) as of 2024-09-03 10:04:25 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.