10004 Elmco AveLamontCA93241
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
Investment property for sale in Lamont at 10004 Elmco Ave, Lamont, CA, 93241 listed at $329,900 pairs $2,173/mo rent with a $1,615/mo payment to leave $132/mo cash flow. Total monthly income runs $2,173/mo, and annual cash flow reaches $1,583/yr on $109,362 cash to close. Return on cash invested measures 21.36% in year one, and rental yield registers 7.9% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 110.6% and total cumulative return in cash totals $120,951. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,173/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93241, Lamont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,221 (100%) |
| Owner Occupied HU | 1,609 (38.1%) |
| Renter Occupied HU | 2,326 (55.1%) |
| Vacant Housing Units | 286 ( 6.8%) |
| Median Home Value | $230,801 |
| Average Home Value | $252,570 |
Housing Distribution
Address Breakdown
Residential
3,763
Single Family
3,664
Multi-Family
99
Businesses
226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francisco Martinez Castillo • LPT Realty, Inc.
Mls Name: Bakersfield AOR
Mls ID: #202512967