18216 Thompson Canyon AveCalienteCA93518
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 Caliente at 18216 Thompson Canyon Ave, Caliente, CA, 93518 offers $1,730/mo rent that, after a $734/mo payment, leaves $661/mo cash flow. Total monthly income is $1,730/mo, and annual cash flow is $7,936/yr on $49,692 cash. Return on cash invested measures 35.88% in year one, and rental yield stands at 13.85% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 189.78% and total cumulative return in cash reaches $94,307. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,730/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
8.17 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Luevanos • Sierra Central Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202405456
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.