1111 Witmer Ave #MCMc FarlandCA93250
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 Mc Farland at 1111 Witmer Ave #MC, Mc Farland, CA, 93250 at $360,950 posts ROI 40.86% with $2,089/mo cash flow from $4,322/mo rent. Total monthly income equals $4,322/mo, and annual cash flow records $25,065/yr on $119,655 to close. Return on cash invested measures 40.86% and rental yield reads 14.37% at the current $360,950. Equity gained on principal adds $2,329/yr, and 5% annual appreciation supports $99,724 by year five. Five-year ROI prints 215.18% and total cumulative return in cash totals $257,468.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,322/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93250, Mc Farland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,808 (100%) |
| Owner Occupied HU | 2,192 (57.6%) |
| Renter Occupied HU | 1,522 (40.0%) |
| Vacant Housing Units | 94 ( 2.5%) |
| Median Home Value | $281,604 |
| Average Home Value | $305,584 |
Housing Distribution
Address Breakdown
Residential
3,576
Single Family
3,505
Multi-Family
71
Businesses
190
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Nearby investment properties with comparable prices
Listed by: Claudia J. Sandoval • Tribeca Realty, Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202406407
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.