29385 Hart Oaks DrKeeneCA93531
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
Rental property for sale in Keene at 29385 Hart Oaks Dr, Keene, CA, 93531 offers $4,870/mo rent that, after a $3,304/mo payment, leaves $399/mo cash flow. Total monthly income is $4,870/mo, and annual cash flow is $4,790/yr on $222,075 cash. Return on cash invested measures 22.22% in year one, and rental yield stands at 8.66% at a $675,000 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 115.77% and total cumulative return in cash reaches $257,091. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,870/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
12.24 Acres lot
$N/A/sqft
$431 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93531, Keene, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 246 (100%) |
| Owner Occupied HU | 178 (72.4%) |
| Renter Occupied HU | 28 (11.4%) |
| Vacant Housing Units | 40 (16.3%) |
| Median Home Value | $492,857 |
| Average Home Value | $495,758 |
Housing Distribution
Address Breakdown
Residential
203
Single Family
203
Multi-Family
0
Businesses
18
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Nearby investment properties with comparable prices
Listed by: Steve Urner • Bakersfield Preferred Properti
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202403340
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.