10620 Santa Ana StLamontCA93241
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 Lamont at 10620 Santa Ana St, Lamont, CA, 93241 priced at $250,000 pairs $2,326/mo rent with $750/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,326/mo, and annual cash flow comes to $8,994/yr on $82,875 invested. Return on cash invested is 30.76% in year one, and rental yield stands at 11.16% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 161.21% and total cumulative return in cash reaches $133,606. For financing, Ziffy Mortgage’s DSCR program evaluates $2,326/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1950
9,147 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
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Nearby investment properties with comparable prices
Listed by: Jacalyn T. Guerra-Duenas • Real Broker
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202406548
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.