126 Pico StTaftCA93268
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 Taft at 126 Pico St, Taft, CA, 93268 priced at $199,900 converts $1,529/mo rent into $293/mo cash flow after a $978/mo obligation. Total monthly income equals $1,529/mo, and annual cash flow totals $3,513/yr on $66,267 invested. Return on cash invested prints 25.21% in year one, and rental yield reads 9.18% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 131.29% and total cumulative return in cash sums $87,001. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,529/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1930
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93268, Taft, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,136 (100%) |
| Owner Occupied HU | 3,052 (49.7%) |
| Renter Occupied HU | 2,544 (41.5%) |
| Vacant Housing Units | 540 ( 8.8%) |
| Median Home Value | $267,980 |
| Average Home Value | $368,048 |
Housing Distribution
Address Breakdown
Residential
5,612
Single Family
5,439
Multi-Family
173
Businesses
452
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joy Gebarah • Miramar International-Riverwal
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202502890
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.