15 Acorn AveBodfishCA93205
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 Bodfish at 15 Acorn Ave, Bodfish, CA, 93205 priced at $185,000 pairs $2,333/mo rent with $1,157/mo cash flow after a $905/mo payment. Total monthly income equals $2,333/mo, and annual cash flow comes to $13,887/yr on $61,328 invested. Return on cash invested is 42.55% in year one, and rental yield stands at 15.13% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 224.56% and total cumulative return in cash reaches $137,715. For financing, Ziffy Mortgage’s DSCR program evaluates $2,333/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93205, Bodfish, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,315 (100%) |
| Owner Occupied HU | 762 (57.9%) |
| Renter Occupied HU | 272 (20.7%) |
| Vacant Housing Units | 281 (21.4%) |
| Median Home Value | $135,887 |
| Average Home Value | $195,797 |
Housing Distribution
Address Breakdown
Residential
806
Single Family
806
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryce M. Garewal • Emerge Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202409235
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.