273 Rainbow Ln #15Mammoth 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
Investment property for sale in Mammoth Lakes at 273 Rainbow Ln #15, Mammoth Lakes, CA, 93546 offers a 7.46% rental yield on a $949,000 purchase with $5,899/mo rent. Total monthly income registers $5,899/mo, and a $4,645/mo payment leaves $28/mo available for distribution. Annual cash flow reaches $338/yr on $312,221 to close, and return on cash invested stands at 20.17% in year one. Equity gained on principal adds $6,124/yr while 5% annual appreciation supports $262,191 over five years. Portfolio math shows five-year ROI at 104.2% and total cumulative return in cash at $325,332. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,899/mo property income against a $4,645/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
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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Listed by: Heidi Presson • Riffel Real Estate
Mls Name: MLBOR
Mls ID: #260019