117 Todd CtBodfishCA93205
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 Bodfish at 117 Todd Ct, Bodfish, CA, 93205 priced at $269,000 converts $2,447/mo rent into $783/mo cash flow after a $1,317/mo obligation. Total monthly income equals $2,447/mo, and annual cash flow totals $9,390/yr on $89,174 invested. Return on cash invested prints 30.44% in year one, and rental yield reads 10.92% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 159.33% and total cumulative return in cash sums $142,079. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,447/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Single Family
Built in 2010
5.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93205, Bodfish, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,315 (100%) |
| Owner Occupied HU | 762 (57.9%) |
| Renter Occupied HU | 272 (20.7%) |
| Vacant Housing Units | 281 (21.4%) |
| Median Home Value | $135,887 |
| Average Home Value | $195,797 |
Housing Distribution
Address Breakdown
Residential
806
Single Family
806
Multi-Family
0
Businesses
19
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Nearby investment properties with comparable prices
Listed by: Brian Franz • Brian Franz Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202405056
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.