223 Chimney Canyon RdLebecCA93243
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 Lebec at 223 Chimney Canyon Rd, Lebec, CA, 93243 at $325,000 posts ROI 23.9% with $358/mo cash flow from $2,369/mo rent. Total monthly income equals $2,369/mo, and annual cash flow records $4,298/yr on $107,738 to close. Return on cash invested measures 23.9% and rental yield reads 8.75% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 124.27% and total cumulative return in cash totals $133,885.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,369/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1987
3.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93243, Lebec, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 602 (100%) |
| Owner Occupied HU | 393 (65.3%) |
| Renter Occupied HU | 129 (21.4%) |
| Vacant Housing Units | 80 (13.3%) |
| Median Home Value | $448,577 |
| Average Home Value | $459,472 |
Housing Distribution
Address Breakdown
Residential
5
Single Family
5
Multi-Family
0
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric VanDenk • Central Valley Property Adviso
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202503945
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.