1501 Charlott DrWofford HeightsCA93285








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 Wofford Heights at 1501 Charlott Dr, Wofford Heights, CA, 93285 offers $3,198/mo rent that, after a $1,419/mo payment, leaves $1,333/mo cash flow. Total monthly income is $3,198/mo, and annual cash flow is $15,998/yr on $96,135 cash. Return on cash invested measures 36.55% in year one, and rental yield stands at 13.23% at a $290,000 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,122 by year five. Five-year ROI records 192.45% and total cumulative return in cash reaches $185,008. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,198/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93285, Wofford Heights, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 1,031 (42.5%) |
| Renter Occupied HU | 357 (14.7%) |
| Vacant Housing Units | 1,037 (42.8%) |
| Median Home Value | $351,288 |
| Average Home Value | $456,511 |
Housing Distribution
Address Breakdown
Residential
677
Single Family
677
Multi-Family
0
Businesses
75
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Nearby investment properties with comparable prices



Listed by: Nancy Harper • Nancy Harper, Broker
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202405477
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.








