331 N Jackson StIndependenceCA93526
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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 Independence at 331 N Jackson St, Independence, CA, 93526 offers a 7.58% rental yield on a $649,000 purchase with $4,098/mo rent. Total monthly income registers $4,098/mo, and a $3,177/mo payment leaves $83/mo available for distribution. Annual cash flow reaches $992/yr on $213,521 to close, and return on cash invested stands at 20.53% in year one. Equity gained on principal adds $4,188/yr while 5% annual appreciation supports $179,307 over five years. Portfolio math shows five-year ROI at 106.11% and total cumulative return in cash at $226,572. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,098/mo property income against a $3,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
9,583 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
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Listed by: Curtis Amundson • Bishop Real Estate, Rasmuson & Associates
Mls Name: MLBOR
Mls Provider:
Mls ID: #250270
Disclaimer: Based on information from the Mammoth Lakes Board of REALTORS (alternatively, from the Mammoth Lakes Board of REALTORS MLS) as of 2025-04-25 14:06:51 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.