2499 Sierra Nevada Rd #R2Mammoth LakesCA93546
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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 Mammoth Lakes at 2499 Sierra Nevada Rd #R2, Mammoth Lakes, CA, 93546 offers $2,747/mo rent that, after a $2,129/mo payment, leaves $56/mo cash flow. Total monthly income is $2,747/mo, and annual cash flow is $673/yr on $144,203 cash. Return on cash invested measures 20.38% in year one, and rental yield stands at 7.58% at a $435,000 entry. Equity gained on principal adds $2,807/yr while 5% annual appreciation compounds into $120,182 by year five. Five-year ROI records 105.37% and total cumulative return in cash reaches $151,944. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,747/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No 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: Jennifer Barker • Destination Real Estate
Mls Name: MLBOR
Mls ID: #250757