1009 Eckmann StShafterCA93263
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1009 Eckmann St, Shafter, CA, 93263 in Shafter. At $629,900 it earns $4,343/mo in rent and distributes $446/mo to the owner after the $2,832/mo payment, a consistent 8.27% yield. DSCR 1.53 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $174,030 in value; $5,801/yr in principal paydown compounds ownership stake. Total projected return: $267,611.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.0% |
| Monthly Cash Flow | $446 | $300 |
City averages based on Shafter market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,343 |
| Total Monthly Debt Service | $3,646 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93263, Shafter, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,679 (100%) |
| Owner Occupied HU | 3,095 (54.5%) |
| Renter Occupied HU | 2,365 (41.6%) |
| Vacant Housing Units | 219 ( 3.9%) |
| Median Home Value | $320,225 |
| Average Home Value | $375,441 |
Housing Distribution
Address Breakdown
Residential
6,845
Single Family
6,665
Multi-Family
180
Businesses
459
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
Single Family
Built in 2024
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93263, Shafter, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,679 (100%) |
| Owner Occupied HU | 3,095 (54.5%) |
| Renter Occupied HU | 2,365 (41.6%) |
| Vacant Housing Units | 219 ( 3.9%) |
| Median Home Value | $320,225 |
| Average Home Value | $375,441 |
Housing Distribution
Address Breakdown
Residential
6,845
Single Family
6,665
Multi-Family
180
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices