10608 Spruce 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
Investment property for sale in Wofford Heights at 10608 Spruce Dr, Wofford Heights, CA, 93285 at $244,000 posts ROI 74.43% with $3,675/mo cash flow from $5,184/mo rent. Total monthly income equals $5,184/mo, and annual cash flow records $44,098/yr on $80,886 to close. Return on cash invested measures 74.43% and rental yield reads 25.5% at the current $244,000. Equity gained on principal adds $1,574/yr, and 5% annual appreciation supports $67,413 by year five. Five-year ROI prints 395.19% and total cumulative return in cash totals $319,654.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,184/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
6,969 sqft 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: Jessica Nunez • Elite, Realtors
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202407379
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.