28102 Highway 119, Taft, CA, 93268 | $1,564/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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28102 Highway 119, Taft, CA, 93268 | $1,564/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Taft at 28102 Highway 119, Taft, CA, 93268 offers a 16.81% rental yield on a $200,000 purchase with $2,801/mo rent. Total monthly income registers $2,801/mo, and a $979/mo payment leaves $1,564/mo available for distribution. Annual cash flow reaches $18,764/yr on $66,300 to close, and return on cash invested stands at 48.21% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 254.64% and total cumulative return in cash at $168,824. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,801/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1986

1.45 Acres lot

$N/A/sqft

No HOA

More details about the property

Manufactured Home must be sold together with 28106 Hwy 119. Looking for land? This spacious manufactured home sits on 1.45 acres and located just 20 min from Bakersfield. Split-wing, open-floor plan with 3 beds and 2 baths. Siding on the outside and the drywall on the inside recently updated. Remodel was underway but now selling As-Is. Would be a perfect Mother-in-law unit or Rental with a little TLC. Horse corrals w/tack shed and wash rack. Owned solar! Two properties must be purchased together, 2.77 acres total, listed $750,000 total.

Neighborhood Data

Neighborhood data shown for ZIP Code: 93268, Taft, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,136 (100%)
Owner Occupied HU	3,052 (49.7%)
Renter Occupied HU	2,544 (41.5%)
Vacant Housing Units	540 ( 8.8%)
Median Home Value	$267,980
Average Home Value	$368,048