251 Center StBig PineCA93513
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 Big Pine at 251 Center St, Big Pine, CA, 93513 offers a 9.47% rental yield on a $439,900 purchase with $3,473/mo rent. Total monthly income registers $3,473/mo, and a $2,153/mo payment leaves $752/mo available for distribution. Annual cash flow reaches $9,021/yr on $145,827 to close, and return on cash invested stands at 26.1% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,536 over five years. Portfolio math shows five-year ROI at 136.01% and total cumulative return in cash at $198,339. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,473/mo property income against a $2,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1978
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93513, Big Pine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 890 (100%) |
| Owner Occupied HU | 598 (67.2%) |
| Renter Occupied HU | 175 (19.7%) |
| Vacant Housing Units | 117 (13.1%) |
| Median Home Value | $416,860 |
| Average Home Value | $414,716 |
Housing Distribution
Address Breakdown
Residential
432
Single Family
432
Multi-Family
0
Businesses
50
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: #240555
Disclaimer: Based on information from the Mammoth Lakes Board of REALTORS (alternatively, from the Mammoth Lakes Board of REALTORS MLS) as of 2024-08-27 05:12:30 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.