43 Highland Pl #33June LakeCA93529
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 43 Highland Pl #33, June Lake, CA, 93529 in June Lake deserves attention. This $269,000 property earns $4,039/mo in rent, a 18.02% gross yield, and nets $2,375/mo after the $1,210/mo payment. DSCR 3.34 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $74,320 compounds alongside $2,478/yr in yearly equity build, for a total cumulative return of $254,821.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18% | 6.0% |
| Monthly Cash Flow | $2,375 | $1,200 |
City averages based on June Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,039 |
| Total Monthly Debt Service | $1,557 |
| DSCR Ratio | 2.59x |
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.
Lot
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93529, June Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 178 (19.2%) |
| Renter Occupied HU | 130 (14.0%) |
| Vacant Housing Units | 619 (66.8%) |
| Median Home Value | $585,616 |
| Average Home Value | $613,343 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
56
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
Lot
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93529, June Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 178 (19.2%) |
| Renter Occupied HU | 130 (14.0%) |
| Vacant Housing Units | 619 (66.8%) |
| Median Home Value | $585,616 |
| Average Home Value | $613,343 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heidi Vetter • Destination Real Estate
Mls Name: MLBOR
Mls Provider:
Mls ID: #240587
Disclaimer: Based on information from the Mammoth Lakes Board of REALTORS (alternatively, from the Mammoth Lakes Board of REALTORS MLS) as of 2024-10-14 12:53:58 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.