8 Leonard Ave #9583June 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 8 Leonard Ave #9583, June Lake, CA, 93529 earns $1,765/mo cash flow from $3,436/mo rent with a $1,322/mo payment. Total monthly income totals $3,436/mo, and annual cash flow totals $21,183/yr on $89,505 capital. ROI tracks 43.58% on current figures, and rental yield reads 15.27% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 229.8% and total cumulative return in cash sums $205,681. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,436/mo property income instead of your personal income.
Lot
Built in N/A
9,583 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: Lisa Patrie • Mammoth Village Properties
Mls Name: MLBOR
Mls Provider:
Mls ID: #220767
Disclaimer: Based on information from the Mammoth Lakes Board of REALTORS (alternatively, from the Mammoth Lakes Board of REALTORS MLS) as of 2024-08-15 01:29:58 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.