317 W Main StIndependenceCA93526
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 317 W Main St, Independence, CA, 93526 in Independence. Rental yield 7.22%. The 1.34 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $134,549 and $4,485/yr in principal reduction project total return of $179,466.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 5.0% |
| Monthly Cash Flow | $(81) | $200 |
City averages based on Independence market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,932 |
| Total Monthly Debt Service | $2,819 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1949
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93526, Independence, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 501 (100%) |
| Owner Occupied HU | 244 (48.7%) |
| Renter Occupied HU | 90 (18.0%) |
| Vacant Housing Units | 167 (33.3%) |
| Median Home Value | $314,815 |
| Average Home Value | $406,865 |
Housing Distribution
Address Breakdown
Residential
186
Single Family
156
Multi-Family
30
Businesses
76
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
Single Family
Built in 1949
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93526, Independence, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 501 (100%) |
| Owner Occupied HU | 244 (48.7%) |
| Renter Occupied HU | 90 (18.0%) |
| Vacant Housing Units | 167 (33.3%) |
| Median Home Value | $314,815 |
| Average Home Value | $406,865 |
Housing Distribution
Address Breakdown
Residential
186
Single Family
156
Multi-Family
30
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Freeman • Bishop Real Estate Rasmuson & Associates
Mls Name: Inyo County/Bishop MLS
Mls ID: #2313115