262 Flores WayShafterCA93263
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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 Shafter at 262 Flores Way, Shafter, CA, 93263 with 5% annual appreciation on a $320,000 basis while $2,202/mo rent supports operations. Total monthly income totals $2,202/mo and a $1,566/mo payment preserves $223/mo for cash returns. Annual cash flow comes to $2,672/yr on $106,080 deployed, and return on cash invested reaches 22.43% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 8.26%. Five-year ROI measures 116.35% and total cumulative return in cash totals $123,423.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,202/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93263, Shafter, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,679 (100%) |
| Owner Occupied HU | 3,095 (54.5%) |
| Renter Occupied HU | 2,365 (41.6%) |
| Vacant Housing Units | 219 ( 3.9%) |
| Median Home Value | $320,225 |
| Average Home Value | $375,441 |
Housing Distribution
Address Breakdown
Residential
6,845
Single Family
6,665
Multi-Family
180
Businesses
459
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Listed by: Eyner M. Duarte Vega • Keller Williams Realty
Mls Name: Bakersfield AOR
Mls ID: #202513227