274 Olson 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 274 Olson Ave, Shafter, CA, 93263 uses $107,738 cash to close to unlock $1,199/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $2,118/mo, and a $1,591/mo payment keeps the spread at $100/mo. Purchase price stands at $325,000, and rental yield measures 7.82% with $2,118/mo rent. Return on cash invested shows 21.02% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 108.82% and total cumulative return in cash records $117,241. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,118/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1974
7,405 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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Nearby investment properties with comparable prices
Listed by: Cristal Castro • RE/MAX Champions
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202412504
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.