1219 16th StWascoCA93280
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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 1219 16th St, Wasco, CA, 93280 listed at $315,000 pairs $2,442/mo rent with a $1,542/mo payment to leave $269/mo cash flow. Total monthly income runs $2,442/mo, and annual cash flow reaches $3,224/yr on $104,423 cash to close. Return on cash invested measures 23% in year one, and rental yield registers 9.3% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 120.32% and total cumulative return in cash totals $125,645. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,442/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
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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Listed by: Edwardo T. Rendon, Jr. • Movoto, Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202500245
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.