1328 5th PlaceDelanoCA93215
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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 Delano at 1328 5th Place, Delano, CA, 93215 listed at $359,900 pairs $2,418/mo rent with a $1,762/mo payment to leave $191/mo cash flow. Total monthly income runs $2,418/mo, and annual cash flow reaches $2,294/yr on $119,307 cash to close. Return on cash invested measures 21.83% in year one, and rental yield registers 8.06% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 113.19% and total cumulative return in cash totals $135,038. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,418/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93215, Delano, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,364 (100%) |
| Owner Occupied HU | 7,205 (53.9%) |
| Renter Occupied HU | 5,603 (41.9%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $325,504 |
| Average Home Value | $397,259 |
Housing Distribution
Address Breakdown
Residential
12,161
Single Family
11,544
Multi-Family
617
Businesses
901
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Listed by: Jacob Fraga • Legacy Real Estate Inc
Mls Name: TCMLS
Mls ID: #237182