2829 Alta Sierra AveLake IsabellaCA93240
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 Lake Isabella at 2829 Alta Sierra Ave, Lake Isabella, CA, 93240 earns $65/mo cash flow from $1,797/mo rent with a $1,370/mo payment. Total monthly income totals $1,797/mo, and annual cash flow totals $786/yr on $92,787 capital. ROI tracks 20.76% on current figures, and rental yield reads 7.7% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 107.4% and total cumulative return in cash sums $99,649. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,797/mo property income instead of your personal income.
Single Family
Built in 1984
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93240, Lake Isabella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,491 (100%) |
| Owner Occupied HU | 1,747 (50.0%) |
| Renter Occupied HU | 938 (26.9%) |
| Vacant Housing Units | 806 (23.1%) |
| Median Home Value | $288,333 |
| Average Home Value | $344,131 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,171
Multi-Family
122
Businesses
237
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Listed by: Ken Austin • Keller Williams Realty Kern
Mls Name: Bakersfield AOR
Mls ID: #202513421