865 Majestic Pines Dr #306Mammoth LakesCA93546
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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 Mammoth Lakes at 865 Majestic Pines Dr #306, Mammoth Lakes, CA, 93546 generates $4,283/mo in rent and, after a $2,932/mo payment, leaves $577/mo in cash flow. Total monthly income is $4,283/mo, and annual cash flow is $6,927/yr on $197,071 invested. Return on cash invested sits at 23.58% in year one, and rental yield is 8.58% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 122.48% and total cumulative return in cash sums $241,378. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,283/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A 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: Verena Robinson • Mammoth Lakes Resort Realty
Mls Name: MLBOR
Mls ID: #250701