2309 Thomas WayDelanoCA93215
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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 Delano at 2309 Thomas Way, Delano, CA, 93215 with 5% annual appreciation on a $249,000 basis while $1,981/mo rent supports operations. Total monthly income totals $1,981/mo and a $1,219/mo payment preserves $440/mo for cash returns. Annual cash flow comes to $5,284/yr on $82,544 deployed, and return on cash invested reaches 26.31% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 9.55%. Five-year ROI measures 137.19% and total cumulative return in cash totals $113,240.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,981/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93215, Delano, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,364 (100%) |
| Owner Occupied HU | 7,205 (53.9%) |
| Renter Occupied HU | 5,603 (41.9%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $325,504 |
| Average Home Value | $397,259 |
Housing Distribution
Address Breakdown
Residential
12,161
Single Family
11,544
Multi-Family
617
Businesses
901
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Listed by: Sara S. Burnette • Century 21 Jordan-Link & Co
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202501168
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.