10933 Laurel 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 10933 Laurel Dr, Wofford Heights, CA, 93285 with 5% annual appreciation on a $219,000 basis while $1,580/mo rent supports operations. Total monthly income totals $1,580/mo and a $1,072/mo payment preserves $193/mo for cash returns. Annual cash flow comes to $2,312/yr on $72,599 deployed, and return on cash invested reaches 23.09% in year one. Equity gained on principal adds $1,413/yr, and five-year appreciation sums $60,506 alongside rental yield of 8.66%. Five-year ROI measures 120.13% and total cumulative return in cash totals $87,213.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,580/mo property income versus a $1,072/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
6,534 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: Kris L Heriford • Watson Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202502168
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.