3096 S Tumbleweed RdBishopCA93514
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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 Bishop at 3096 S Tumbleweed Rd, Bishop, CA, 93514 offers $3,512/mo rent that, after a $3,083/mo payment. Total monthly income is $3,512/mo. Return on cash invested measures 17.83% in year one, and rental yield stands at 6.69% at a $629,900 entry. Equity gained on principal adds $4,065/yr while 5% annual appreciation compounds into $174,030 by year five. Five-year ROI records 91.68% and total cumulative return in cash reaches $189,999. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,512/mo property income versus a $3,083/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.26 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: Randi Pritchard • Eastern Sierra Realty
Mls Name: MLBOR
Mls Provider:
Mls ID: #250161
Disclaimer: Based on information from the Mammoth Lakes Board of REALTORS (alternatively, from the Mammoth Lakes Board of REALTORS MLS) as of 2025-03-25 06:07:19 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.