88 Laramie StMarkleevilleCA96120
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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 Markleeville at 88 Laramie St, Markleeville, CA, 96120 offers a 9.11% rental yield on a $278,000 purchase with $2,110/mo rent. Total monthly income registers $2,110/mo, and a $1,361/mo payment leaves $390/mo available for distribution. Annual cash flow reaches $4,679/yr on $92,157 to close, and return on cash invested stands at 24.99% in year one. Equity gained on principal adds $1,794/yr while 5% annual appreciation supports $76,806 over five years. Portfolio math shows five-year ROI at 130.05% and total cumulative return in cash at $119,849. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,110/mo property income against a $1,361/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 96120, Markleeville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,013 (100%) |
| Owner Occupied HU | 305 (30.1%) |
| Renter Occupied HU | 115 (11.4%) |
| Vacant Housing Units | 593 (58.5%) |
| Median Home Value | $566,406 |
| Average Home Value | $695,107 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
318
Multi-Family
1
Businesses
55
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Listed by: Teddy McKone • Intero
Mls Name: NNRMLS
Mls Provider:
Mls ID: #250000348
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