989 Cameron DrBig Bear LakeCA92315
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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 Big Bear Lake at 989 Cameron Dr, Big Bear Lake, CA, 92315 uses $99,417 cash to close to unlock $1,280/yr annual cash flow and $107/mo monthly cash flow. Total monthly income runs $1,962/mo, and a $1,468/mo payment keeps the spread at $107/mo. Purchase price stands at $299,900, and rental yield measures 7.85% with $1,962/mo rent. Return on cash invested shows 21.2% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 109.75% and total cumulative return in cash records $109,108. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,962/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1949
3,640 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92315, Big Bear Lake, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,119 (100%) |
| Owner Occupied HU | 1,446 (14.3%) |
| Renter Occupied HU | 998 ( 9.9%) |
| Vacant Housing Units | 7,675 (75.8%) |
| Median Home Value | $727,355 |
| Average Home Value | $783,110 |
Housing Distribution
Address Breakdown
Residential
742
Single Family
742
Multi-Family
0
Businesses
303
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Listed by: GARY DOSS • COMPASS
Mls Name: CRMLS
Mls ID: #IG25124329