1857 Fern Tree CloseWascoCA93280
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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
Investment property for sale in Wasco at 1857 Fern Tree Close, Wasco, CA, 93280 earns $8/mo cash flow from $1,987/mo rent with a $1,566/mo payment. Total monthly income totals $1,987/mo, and annual cash flow totals $93/yr on $106,047 capital. ROI tracks 20% on current figures, and rental yield reads 7.45% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 103.32% and total cumulative return in cash sums $109,568. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,987/mo property income instead of your personal income.
Single Family
Built in 1997
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93280, Wasco, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,875 (100%) |
| Owner Occupied HU | 3,677 (53.5%) |
| Renter Occupied HU | 2,911 (42.3%) |
| Vacant Housing Units | 287 ( 4.2%) |
| Median Home Value | $289,968 |
| Average Home Value | $339,895 |
Housing Distribution
Address Breakdown
Residential
6,627
Single Family
6,276
Multi-Family
351
Businesses
421
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Listed by: Godofredo G. Sanchez • Solutions Realty, Inc.
Mls Name: Bakersfield AOR
Mls ID: #202507815