2255 Rembach AveBodfishCA93205
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
Rental property for sale in Bodfish at 2255 Rembach Ave, Bodfish, CA, 93205 priced at $155,000 converts $2,532/mo rent into $1,538/mo cash flow after a $759/mo obligation. Total monthly income equals $2,532/mo, and annual cash flow totals $18,457/yr on $51,383 invested. Return on cash invested prints 55.83% in year one, and rental yield reads 19.6% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 295.86% and total cumulative return in cash sums $152,020. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,532/mo property income covering a $759/mo payment, not borrower’s personal income.
Manufactured
Built in 1980
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93205, Bodfish, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,315 (100%) |
| Owner Occupied HU | 762 (57.9%) |
| Renter Occupied HU | 272 (20.7%) |
| Vacant Housing Units | 281 (21.4%) |
| Median Home Value | $135,887 |
| Average Home Value | $195,797 |
Housing Distribution
Address Breakdown
Residential
806
Single Family
806
Multi-Family
0
Businesses
19
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Nearby investment properties with comparable prices
Listed by: Jenny Gold • Miramar International Calloway
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408505
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.