0 Ridge BlvdPoseyCA93260
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
Rental property for sale in Posey at 0 Ridge Blvd, Posey, CA, 93260 priced at $145,000 pairs $1,150/mo rent with $217/mo cash flow after a $710/mo payment. Total monthly income equals $1,150/mo, and annual cash flow comes to $2,607/yr on $48,068 invested. Return on cash invested is 25.33% in year one, and rental yield stands at 9.52% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 132.33% and total cumulative return in cash reaches $63,608. For financing, Ziffy Mortgage’s DSCR program evaluates $1,150/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
3,115 sqft lot
$N/A/sqft
$425 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93260, Posey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 103 (19.4%) |
| Renter Occupied HU | 25 ( 4.7%) |
| Vacant Housing Units | 402 (75.8%) |
| Median Home Value | $362,500 |
| Average Home Value | $425,510 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
14
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Nearby investment properties with comparable prices
Listed by: Ginger L. Martin • LPT Realty, Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202503340
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.