863 Nevada StJune 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
Rental property for sale in June Lake at 863 Nevada St, June Lake, CA, 93529 priced at $875,000 pairs $2,761/mo rent with after a $4,283/mo payment. Total monthly income equals $2,761/mo. Return on cash invested is 8.8% in year one, and rental yield stands at 3.79% on a $875,000 basis. Equity gained on principal adds $5,646/yr, and 5% annual appreciation accumulates to $241,746 by year five. Five-year ROI measures 43.28% and total cumulative return in cash reaches $124,607. For financing, Ziffy Mortgage’s DSCR program evaluates $2,761/mo property income against a $4,283/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
0.94 Acres lot
$N/A/sqft
$600 annually 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: Heidi Vetter • Destination Real Estate
Mls Name: MLBOR
Mls Provider:
Mls ID: #250344
Disclaimer: Based on information from the Mammoth Lakes Board of REALTORS (alternatively, from the Mammoth Lakes Board of REALTORS MLS) as of 2025-06-10 02:09:42 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.