508 Wallace LnBig 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 508 Wallace Ln, Big Bear City, CA, 92314 listed at $379,000 pairs $2,500/mo rent with a $1,855/mo payment to leave $155/mo cash flow. Total monthly income runs $2,500/mo, and annual cash flow reaches $1,865/yr on $125,639 cash to close. Return on cash invested measures 21.39% in year one, and rental yield registers 7.92% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 110.82% and total cumulative return in cash totals $139,235. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,500/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.33 Acres lot
$N/A/sqft
No 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: Gregg Pilcher • Big Bear Resort Real Estate
Mls Name: Mountain Resort Communities AOR
Mls ID: #32501682