690 Steelhead RdJune 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
Investment property for sale in June Lake at 690 Steelhead Rd, June Lake, CA, 93529 with 5% annual appreciation on a $530,000 basis while $2,270/mo rent supports operations. 12% in year one. Equity gained on principal adds $3,420/yr, and five-year appreciation sums $146,429 alongside rental yield of 5.14%. Five-year ROI measures 66.41% and total cumulative return in cash totals $115,795. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,270/mo property income versus a $2,594/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
4,356 sqft 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: Jamie Kelly • Mammoth Lakes Resort Realty
Mls Name: MLBOR
Mls Provider:
Mls ID: #240285
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.