102 Irene StTaftCA93268
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 Taft at 102 Irene St, Taft, CA, 93268 with 5% annual appreciation on a $310,000 basis while $2,190/mo rent supports operations. Total monthly income totals $2,190/mo and a $1,517/mo payment preserves $232/mo for cash returns. Annual cash flow comes to $2,778/yr on $102,765 deployed, and return on cash invested reaches 22.61% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,647 alongside rental yield of 8.48%. Five-year ROI measures 117.53% and total cumulative return in cash totals $120,775.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,190/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93268, Taft, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,136 (100%) |
| Owner Occupied HU | 3,052 (49.7%) |
| Renter Occupied HU | 2,544 (41.5%) |
| Vacant Housing Units | 540 ( 8.8%) |
| Median Home Value | $267,980 |
| Average Home Value | $368,048 |
Housing Distribution
Address Breakdown
Residential
5,612
Single Family
5,439
Multi-Family
173
Businesses
452
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Miguel A. Hernandez • Open Door Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202412110
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.