269 Burns CtShafterCA93263
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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
Rental property for sale in Shafter at 269 Burns Ct, Shafter, CA, 93263 offers $2,646/mo rent that, after a $1,811/mo payment, leaves $357/mo cash flow. Total monthly income is $2,646/mo, and annual cash flow is $4,286/yr on $122,638 cash. Return on cash invested measures 23.4% in year one, and rental yield stands at 8.58% at a $369,950 entry. Equity gained on principal adds $2,387/yr while 5% annual appreciation compounds into $102,210 by year five. Five-year ROI records 121.61% and total cumulative return in cash reaches $149,137. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,646/mo property income versus a $1,811/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
6,534 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: Domingo Castro • Wise Real Estate
Mls Name: Bakersfield AOR
Mls ID: #202510238