85 Summit StMammoth LakesCA93546
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
Investment property for sale in Mammoth Lakes at 85 Summit St, Mammoth Lakes, CA, 93546 at $1,365,000 posts ROI 21.89% with $559/mo cash flow from $9,481/mo rent. Total monthly income equals $9,481/mo, and annual cash flow records $6,710/yr on $442,260 to close. Return on cash invested measures 21.89% and rental yield reads 8.33% at the current $1,365,000. Equity gained on principal adds $8,808/yr, and 5% annual appreciation supports $377,124 by year five. Five-year ROI prints 113.82% and total cumulative return in cash totals $503,399.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $9,481/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
0.44 Acres 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: Ronald Fontaine • Fontaine Realty Group, Inc.
Mls Name: MLBOR
Mls Provider:
Mls ID: #240623
Disclaimer: Based on information from the Mammoth Lakes Board of REALTORS (alternatively, from the Mammoth Lakes Board of REALTORS MLS) as of 2025-09-23 20:58:24 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.