109 Pelican Dr #FR7DelanoCA93215
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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 Delano at 109 Pelican Dr #FR7, Delano, CA, 93215 generates $2,160/mo in rent, after a $2,187/mo payment. Total monthly income is $2,160/mo. Return on cash invested sits at 15.01% in year one, and rental yield is 5.8% on a $446,820 entry. Equity gained on principal adds $2,883/yr, while 5% annual appreciation builds toward $123,448 over five years. Five-year ROI reaches 76.59% and total cumulative return in cash sums $113,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8,097 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93215, Delano, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,364 (100%) |
| Owner Occupied HU | 7,205 (53.9%) |
| Renter Occupied HU | 5,603 (41.9%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $325,504 |
| Average Home Value | $397,259 |
Housing Distribution
Address Breakdown
Residential
12,161
Single Family
11,544
Multi-Family
617
Businesses
901
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Listed by: Lana Z. Fahoum • San Joaquin Valley Homes
Mls Name: Bakersfield AOR
Mls ID: #202511188