241 Wagon Wheel RdMammoth 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 241 Wagon Wheel Rd, Mammoth Lakes, CA, 93546 offers a 5.17% rental yield on a $1,499,900 purchase with $6,464/mo rent. 4% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,395 over five years. Portfolio math shows five-year ROI at 67.84% and total cumulative return in cash at $329,704. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,464/mo property income against a $7,341/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
8,276 sqft lot
$N/A/sqft
$100 annually 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: Nancy Lowthorp • Bishop Real Estate, Rasmuson & Associates
Mls Name: MLBOR
Mls Provider:
Mls ID: #250284
Disclaimer: Based on information from the Mammoth Lakes Board of REALTORS (alternatively, from the Mammoth Lakes Board of REALTORS MLS) as of 2025-04-30 06:14:10 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.