10800 Waco AveLamontCA93241
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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 Lamont at 10800 Waco Ave, Lamont, CA, 93241 offers a 9.8% rental yield on a $289,000 purchase with $2,360/mo rent. Total monthly income registers $2,360/mo, and a $1,415/mo payment leaves $572/mo available for distribution. Annual cash flow reaches $6,860/yr on $95,804 to close, and return on cash invested stands at 27.07% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 141.25% and total cumulative return in cash at $135,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,360/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
6,969 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: Francisco Martinez Castillo • LPT Realty, Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202502299
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.