2802 Sierra Vista WayBishopCA93514
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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 2802 Sierra Vista Way, Bishop, CA, 93514 listed at $675,000 pairs $4,500/mo rent with a $3,304/mo payment to leave $324/mo cash flow. Total monthly income runs $4,500/mo, and annual cash flow reaches $3,889/yr on $222,075 cash to close. Return on cash invested measures 21.81% in year one, and rental yield registers 8% at a $675,000 basis. Equity gained on principal adds $4,356/yr, and annual property appreciation at 5% supports $186,490 by year five. Five-year ROI tracks 113.03% and total cumulative return in cash totals $251,007. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,500/mo property income relative to a $3,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
0.33 Acres lot
$N/A/sqft
No 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: Jake Rasmuson • Bishop Real Estate Rasmuson & Associates
Mls Name: Inyo County/Bishop MLS
Mls ID: #2312750
Disclaimer: Copyright Inyo County/Bishop MLS. All rights reserved. Information is deemed reliable but not guaranteed.