12959 N Boron AveBoronCA93516
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 Boron at 12959 N Boron Ave, Boron, CA, 93516 offers a 9.48% rental yield on a $135,000 purchase with $1,067/mo rent. Total monthly income registers $1,067/mo, and a $661/mo payment leaves $232/mo available for distribution. Annual cash flow reaches $2,779/yr on $44,753 to close, and return on cash invested stands at 26.12% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 136.16% and total cumulative return in cash at $60,937. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,067/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93516, Boron, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,100 (100%) |
| Owner Occupied HU | 473 (43.0%) |
| Renter Occupied HU | 400 (36.4%) |
| Vacant Housing Units | 227 (20.6%) |
| Median Home Value | $120,043 |
| Average Home Value | $154,725 |
Housing Distribution
Address Breakdown
Residential
1,047
Single Family
1,047
Multi-Family
0
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Isidro M. De La Torre • All State Homes
Mls Name: Bakersfield AOR
Mls ID: #202601082