2217 4th StWascoCA93280
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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 2217 4th St, Wasco, CA, 93280 with 5% annual appreciation on a $310,000 basis while $3,491/mo rent supports operations. Total monthly income totals $3,491/mo and a $1,517/mo payment preserves $1,574/mo for cash returns. Annual cash flow comes to $18,883/yr on $102,765 deployed, and return on cash invested reaches 38.28% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,647 alongside rental yield of 13.51%. Five-year ROI measures 201.39% and total cumulative return in cash totals $206,959.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,491/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
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: Brian Hicks • Brian Hicks Real Estate Group
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202406967
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.