604 S Lake View StLone PineCA93545
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
Investment Highlights
Rental property for sale in Lone Pine at 604 S Lake View St, Lone Pine, CA, 93545 priced at $349,000 pairs $2,345/mo rent with $186/mo cash flow after a $1,708/mo payment. Total monthly income equals $2,345/mo, and annual cash flow comes to $2,234/yr on $115,694 invested. Return on cash invested is 21.84% in year one, and rental yield stands at 8.06% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 113.22% and total cumulative return in cash reaches $130,992. For financing, Ziffy Mortgage’s DSCR program evaluates $2,345/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93545, Lone Pine, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,138 (100%) |
| Owner Occupied HU | 527 (46.3%) |
| Renter Occupied HU | 394 (34.6%) |
| Vacant Housing Units | 217 (19.1%) |
| Median Home Value | $423,148 |
| Average Home Value | $400,527 |
Housing Distribution
Address Breakdown
Residential
158
Single Family
158
Multi-Family
0
Businesses
110
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Nearby investment properties with comparable prices
Listed by: Jenifer Castaneda • Blue Sky Real Estate
Mls Name: Inyo County/Bishop MLS
Mls ID: #2312699
Disclaimer: Copyright Inyo County/Bishop MLS. All rights reserved. Information is deemed reliable but not guaranteed.