745 Summit Blvd #0Big Bear LakeCA92315
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 Big Bear Lake at 745 Summit Blvd #0, Big Bear Lake, CA, 92315 generates $4,534/mo in rent and, after a $3,421/mo payment, leaves $210/mo in cash flow. Total monthly income is $4,534/mo, and annual cash flow is $2,521/yr on $229,971 invested. Return on cash invested sits at 21.16% in year one, and rental yield is 7.78% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 109.51% and total cumulative return in cash sums $251,846. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,534/mo property income rather than buyer’s personal income.
Condo
Built in 2003
2,768 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92315, Big Bear Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,119 (100%) |
| Owner Occupied HU | 1,446 (14.3%) |
| Renter Occupied HU | 998 ( 9.9%) |
| Vacant Housing Units | 7,675 (75.8%) |
| Median Home Value | $727,355 |
| Average Home Value | $783,110 |
Housing Distribution
Address Breakdown
Residential
742
Single Family
742
Multi-Family
0
Businesses
303
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angelique Koster • Real Brokerage Technologies
Mls Name: Big Bear AOR
Mls ID: #32403753
Disclaimer: Based on information from the Big Bear Association of REALTORS as of 2024-01-24 09:58:31 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.