475 Clarke StBishopCA93514
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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 Bishop at 475 Clarke St, Bishop, CA, 93514 uses $159,087 cash to close to unlock $7,082/yr annual cash flow and $590/mo monthly cash flow. Total monthly income runs $3,559/mo, and a $2,349/mo payment keeps the spread at $590/mo. Purchase price stands at $479,900, and rental yield measures 8.9% with $3,559/mo rent. Return on cash invested shows 24.36% in year one, and 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 126.73% and total cumulative return in cash records $201,609. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,559/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Single Family
Built in 1965
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93514, Bishop, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,002 (100%) |
| Owner Occupied HU | 4,060 (58.0%) |
| Renter Occupied HU | 2,009 (28.7%) |
| Vacant Housing Units | 933 (13.3%) |
| Median Home Value | $477,325 |
| Average Home Value | $482,653 |
Housing Distribution
Address Breakdown
Residential
6,406
Single Family
6,082
Multi-Family
324
Businesses
568
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Listed by: Randi Pritchard • Eastern Sierra Realty
Mls Name: MLBOR
Mls Provider:
Mls ID: #250133
Disclaimer: Based on information from the Mammoth Lakes Board of REALTORS (alternatively, from the Mammoth Lakes Board of REALTORS MLS) as of 2025-03-15 10:02:26 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.