108 Cypress WayWofford 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 108 Cypress Way, Wofford Heights, CA, 93285 priced at $115,000 pairs $863/mo rent with $151/mo cash flow after a $563/mo payment. Total monthly income equals $863/mo, and annual cash flow comes to $1,817/yr on $38,123 invested. Return on cash invested is 24.68% in year one, and rental yield stands at 9.01% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 128.45% and total cumulative return in cash reaches $48,969. For financing, Ziffy Mortgage’s DSCR program evaluates $863/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
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
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Listed by: James S. Outland Jr. • Outland and Associates R.E.
Mls Name: Bakersfield AOR
Mls ID: #202600028