12116 Highway 178Mountain MesaCA93240
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 Mountain Mesa at 12116 Highway 178, Mountain Mesa, CA, 93240 earns from $1,224/mo rent with a $1,346/mo payment. Total monthly income totals $1,224/mo. ROI tracks 13.63% on current figures, and rental yield reads 5.34% at a $274,990 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,975 over five years. Five-year ROI reaches 69.16% and total cumulative return in cash sums $63,044. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,224/mo property income instead of your personal income.
Multi Family
Built in 1964
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93240, Lake Isabella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,491 (100%) |
| Owner Occupied HU | 1,747 (50.0%) |
| Renter Occupied HU | 938 (26.9%) |
| Vacant Housing Units | 806 (23.1%) |
| Median Home Value | $288,333 |
| Average Home Value | $344,131 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,171
Multi-Family
122
Businesses
237
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Nearby investment properties with comparable prices
Listed by: Javier Guzman • LPT Realty, Inc.
Mls Name: Bakersfield AOR
Mls ID: #202513319