100 Park WayBodfishCA93205
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 Bodfish at 100 Park Way, Bodfish, CA, 93205 offers $1,806/mo rent that, after a $778/mo payment, leaves $823/mo cash flow. Total monthly income is $1,806/mo, and annual cash flow is $9,871/yr on $52,709 cash. Return on cash invested measures 38.64% in year one, and rental yield stands at 13.63% at a $159,000 entry. Equity gained on principal adds $1,026/yr while 5% annual appreciation compounds into $43,929 by year five. Five-year ROI records 203.28% and total cumulative return in cash reaches $107,148. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,806/mo property income versus a $778/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93205, Bodfish, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,315 (100%) |
| Owner Occupied HU | 762 (57.9%) |
| Renter Occupied HU | 272 (20.7%) |
| Vacant Housing Units | 281 (21.4%) |
| Median Home Value | $135,887 |
| Average Home Value | $195,797 |
Housing Distribution
Address Breakdown
Residential
806
Single Family
806
Multi-Family
0
Businesses
19
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Nearby investment properties with comparable prices
Listed by: Jenny Gold • Miramar International Calloway
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202412539
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.