1630 Curran AveLake IsabellaCA93240
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 Lake Isabella at 1630 Curran Ave, Lake Isabella, CA, 93240 priced at $149,999 converts $2,609/mo rent into $1,680/mo cash flow after a $734/mo obligation. Total monthly income equals $2,609/mo, and annual cash flow totals $20,162/yr on $49,725 invested. Return on cash invested prints 60.46% in year one, and rental yield reads 20.87% against a $149,999 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 320.38% and total cumulative return in cash sums $159,306. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,609/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 1978
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93240, Lake Isabella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,491 (100%) |
| Owner Occupied HU | 1,747 (50.0%) |
| Renter Occupied HU | 938 (26.9%) |
| Vacant Housing Units | 806 (23.1%) |
| Median Home Value | $288,333 |
| Average Home Value | $344,131 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,171
Multi-Family
122
Businesses
237
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Nearby investment properties with comparable prices
Listed by: Mario Falconi • The Mora Partners Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202404977
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.