43 Highland Pl #33June LakeCA93529
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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 June Lake at 43 Highland Pl #33, June Lake, CA, 93529 priced at $269,000 converts $4,039/mo rent into $2,375/mo cash flow after a $1,317/mo obligation. Total monthly income equals $4,039/mo, and annual cash flow totals $28,494/yr on $89,174 invested. Return on cash invested prints 51.86% in year one, and rental yield reads 18.02% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 274.21% and total cumulative return in cash sums $244,523. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,039/mo property income covering a $1,317/mo payment, not borrower’s personal income.
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
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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.