20849 Francis DrRichgroveCA93261
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
Investment property for sale in Richgrove at 20849 Francis Dr, Richgrove, CA, 93261 at $240,000 posts ROI 29.46% with $633/mo cash flow from $2,118/mo rent. Total monthly income equals $2,118/mo, and annual cash flow records $7,596/yr on $79,560 to close. Return on cash invested measures 29.46% and rental yield reads 10.59% at the current $240,000. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 by year five. Five-year ROI prints 154.01% and total cumulative return in cash totals $122,534.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,118/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
7,168 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93261, Richgrove, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
6
Single Family
6
Multi-Family
0
Businesses
14
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Nearby investment properties with comparable prices
Listed by: Leady Zamora • Century 21 Jordan-Link & Co
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202406323
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.