103 Mardella DrWofford HeightsCA93285
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 Wofford Heights at 103 Mardella Dr, Wofford Heights, CA, 93285 generates $1,078/mo in rent and, after a $712/mo payment, leaves $178/mo in cash flow. Total monthly income is $1,078/mo, and annual cash flow is $2,137/yr on $48,233 invested. Return on cash invested sits at 24.34% in year one, and rental yield is 8.89% on a $145,500 entry. Equity gained on principal adds $939/yr, while 5% annual appreciation builds toward $40,199 over five years. Five-year ROI reaches 126.7% and total cumulative return in cash sums $61,113. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,078/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93285, Wofford Heights, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 1,031 (42.5%) |
| Renter Occupied HU | 357 (14.7%) |
| Vacant Housing Units | 1,037 (42.8%) |
| Median Home Value | $351,288 |
| Average Home Value | $456,511 |
Housing Distribution
Address Breakdown
Residential
677
Single Family
677
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Edwards • Watson Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202406060
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.