60 Joaquin Rd #1Mammoth LakesCA93546
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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 Mammoth Lakes at 60 Joaquin Rd #1, Mammoth Lakes, CA, 93546 priced at $505,000 pairs $3,720/mo rent with $596/mo cash flow after a $2,472/mo payment. Total monthly income equals $3,720/mo, and annual cash flow comes to $7,148/yr on $166,145 invested. Return on cash invested is 24.36% in year one, and rental yield stands at 8.84% on a $505,000 basis. Equity gained on principal adds $3,259/yr, and 5% annual appreciation accumulates to $139,522 by year five. Five-year ROI measures 126.69% and total cumulative return in cash reaches $210,486. For financing, Ziffy Mortgage’s DSCR program evaluates $3,720/mo property income against a $2,472/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93546, Mammoth Lakes, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,126 (100%) |
| Owner Occupied HU | 1,980 (17.8%) |
| Renter Occupied HU | 1,743 (15.7%) |
| Vacant Housing Units | 7,403 (66.5%) |
| Median Home Value | $711,207 |
| Average Home Value | $798,904 |
Housing Distribution
Address Breakdown
Residential
394
Single Family
394
Multi-Family
0
Businesses
451
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Listed by: Jennifer Kreitz • Mammoth Lakes Housing, Inc.
Mls Name: MLBOR
Mls ID: #250728