1413 Miranda PlArvinCA93203
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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 Arvin at 1413 Miranda Pl, Arvin, CA, 93203 uses $117,683 cash to close to unlock $1,071/yr annual cash flow and $89/mo monthly cash flow. Total monthly income runs $2,392/mo, and a $1,738/mo payment keeps the spread at $89/mo. Purchase price stands at $355,000, and rental yield measures 8.09% with $2,392/mo rent. Return on cash invested shows 20.82% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 108.14% and total cumulative return in cash records $127,260. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,392/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 2018
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93203, Arvin, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,393 (100%) |
| Owner Occupied HU | 2,714 (50.3%) |
| Renter Occupied HU | 2,505 (46.4%) |
| Vacant Housing Units | 174 ( 3.2%) |
| Median Home Value | $292,678 |
| Average Home Value | $324,538 |
Housing Distribution
Address Breakdown
Residential
5,353
Single Family
5,216
Multi-Family
137
Businesses
344
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Listed by: Nelson Cantu • Keller Williams Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202509438
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.