2042 Girard St SPACE 126DelanoCA93215
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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 Delano at 2042 Girard St SPACE 126, Delano, CA, 93215 uses $54,698 cash to close to unlock $2,650/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $1,242/mo, and a $808/mo payment keeps the spread at $221/mo. Purchase price stands at $165,000, and rental yield measures 9.03% with $1,242/mo rent. Return on cash invested shows 24.75% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 128.8% and total cumulative return in cash records $70,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,242/mo property income covering a $808/mo payment rather than investor’s personal income.
Manufactured
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93215, Delano, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,364 (100%) |
| Owner Occupied HU | 7,205 (53.9%) |
| Renter Occupied HU | 5,603 (41.9%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $325,504 |
| Average Home Value | $397,259 |
Housing Distribution
Address Breakdown
Residential
12,161
Single Family
11,544
Multi-Family
617
Businesses
901
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Listed by: Pablo R. Vargas • eXp Realty
Mls Name: Bakersfield AOR
Mls ID: #202600510