13312 Clement StNorth EdwardsCA93523
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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
Rental property for sale in North Edwards at 13312 Clement St, North Edwards, CA, 93523 generates $2,999/mo in rent and, after a $1,395/mo payment, leaves $1,236/mo in cash flow. Total monthly income is $2,999/mo, and annual cash flow is $14,830/yr on $94,478 invested. Return on cash invested sits at 35.61% in year one, and rental yield is 12.63% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 187.01% and total cumulative return in cash sums $176,682. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,999/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93523, Edwards, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 325 (23.3%) |
| Renter Occupied HU | 843 (60.5%) |
| Vacant Housing Units | 226 (16.2%) |
| Median Home Value | $126,786 |
| Average Home Value | $156,011 |
Housing Distribution
Address Breakdown
Residential
1,259
Single Family
1,160
Multi-Family
99
Businesses
46
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Listed by: Ryan S. Dobbs • Ryan Dobbs Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202411631
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.