391 Montclair Dr SPC 189Big Bear CityCA92314
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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 Big Bear City at 391 Montclair Dr SPC 189, Big Bear City, CA, 92314 offers a 21.92% rental yield on a $118,000 purchase with $2,155/mo rent. Total monthly income registers $2,155/mo, and a $578/mo payment leaves $1,240/mo available for distribution. Annual cash flow reaches $14,875/yr on $39,117 to close, and return on cash invested stands at 57.94% in year one. Equity gained on principal adds $761/yr while 5% annual appreciation supports $32,601 over five years. Portfolio math shows five-year ROI at 308.84% and total cumulative return in cash at $120,807. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,155/mo property income against a $578/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1973
3,000 sqft lot
$N/A/sqft
$185 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92314, Big Bear City, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,962 (100%) |
| Owner Occupied HU | 3,265 (36.4%) |
| Renter Occupied HU | 1,197 (13.4%) |
| Vacant Housing Units | 4,500 (50.2%) |
| Median Home Value | $588,425 |
| Average Home Value | $658,550 |
Housing Distribution
Address Breakdown
Residential
2,349
Single Family
2,348
Multi-Family
1
Businesses
189
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Listed by: Tim Cook • Rise Realty Big Bear Real Estate Group
Mls Name: Big Bear AOR
Mls ID: #32500004
Disclaimer: Based on information from the Big Bear Association of REALTORS as of 2024-01-24 09:58:31 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.