3031 W Line StBishopCA93514
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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 3031 W Line St, Bishop, CA, 93514 listed at $1,200,000 pairs $5,446/mo rent with a $5,873/mo payment. Total monthly income runs $5,446/mo. Return on cash invested measures 14.27% in year one, and rental yield registers 5.45% at a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,538 by year five. Five-year ROI tracks 72.48% and total cumulative return in cash totals $281,819. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,446/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
1.53 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: Fredrick H De Vore • Home Town Properties
Mls Name: Inyo County/Bishop MLS
Mls ID: #2312776
Disclaimer: Copyright Inyo County/Bishop MLS. All rights reserved. Information is deemed reliable but not guaranteed.