1217 13th StWascoCA93280
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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 Wasco at 1217 13th St, Wasco, CA, 93280 offers a 8.59% rental yield on a $298,000 purchase with $2,132/mo rent. Total monthly income registers $2,132/mo, and a $1,459/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,457/yr on $98,787 to close, and return on cash invested stands at 23.41% in year one. Equity gained on principal adds $1,923/yr while 5% annual appreciation supports $82,332 over five years. Portfolio math shows five-year ROI at 121.66% and total cumulative return in cash at $120,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,132/mo property income against a $1,459/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93280, Wasco, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,875 (100%) |
| Owner Occupied HU | 3,677 (53.5%) |
| Renter Occupied HU | 2,911 (42.3%) |
| Vacant Housing Units | 287 ( 4.2%) |
| Median Home Value | $289,968 |
| Average Home Value | $339,895 |
Housing Distribution
Address Breakdown
Residential
6,627
Single Family
6,276
Multi-Family
351
Businesses
421
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Nearby investment properties with comparable prices
Listed by: Eduardo Garcia • Majestic Palm Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202501741
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.