269 Atlantic AveShafterCA93263
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 Shafter at 269 Atlantic Ave, Shafter, CA, 93263 with 5% annual appreciation on a $309,500 basis while $2,006/mo rent supports operations. Total monthly income totals $2,006/mo and a $1,515/mo payment preserves $91/mo for cash returns. Annual cash flow comes to $1,095/yr on $102,599 deployed, and return on cash invested reaches 20.98% in year one. Equity gained on principal adds $1,997/yr, and five-year appreciation sums $85,509 alongside rental yield of 7.78%. Five-year ROI measures 108.59% and total cumulative return in cash totals $111,414.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,006/mo property income versus a $1,515/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
6,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Lyons • Miramar International-Riverwal
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202411888
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.