1758 Clear Creek RdCalienteCA93518
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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 Caliente at 1758 Clear Creek Rd, Caliente, CA, 93518 generates $2,802/mo in rent and, after a $1,566/mo payment, leaves $733/mo in cash flow. Total monthly income is $2,802/mo, and annual cash flow is $8,791/yr on $106,077 invested. Return on cash invested sits at 28.2% in year one, and rental yield is 10.51% on a $319,990 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,407 over five years. Five-year ROI reaches 147.66% and total cumulative return in cash sums $156,636. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,802/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93518, Caliente, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 770 (100%) |
| Owner Occupied HU | 438 (56.9%) |
| Renter Occupied HU | 75 ( 9.7%) |
| Vacant Housing Units | 257 (33.4%) |
| Median Home Value | $407,767 |
| Average Home Value | $439,001 |
Housing Distribution
Address Breakdown
Residential
619
Single Family
619
Multi-Family
0
Businesses
47
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Nearby investment properties with comparable prices
Listed by: Joshua Garcia • New Generation Real Estate Gro
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202403120
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.