2305 Oak Creek CtWascoCA93280
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 Wasco at 2305 Oak Creek Ct, Wasco, CA, 93280 earns $1,487/mo cash flow from $3,620/mo rent with a $1,688/mo payment. Total monthly income totals $3,620/mo, and annual cash flow totals $17,838/yr on $114,334 capital. ROI tracks 35.51% on current figures, and rental yield reads 12.59% at a $344,900 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,290 over five years. Five-year ROI reaches 186.52% and total cumulative return in cash sums $213,261. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,620/mo property income instead of your personal income.
Single Family
Built in 1996
7,405 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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Nearby investment properties with comparable prices
Listed by: Teofilo Gutierrez Cortez • California Home Pros
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202405510
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.