2940 Shadow Mountain DrMountain MesaCA93240
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 Mountain Mesa at 2940 Shadow Mountain Dr, Mountain Mesa, CA, 93240 at $349,999 posts ROI 20.68% with $75/mo cash flow from $2,240/mo rent. Total monthly income equals $2,240/mo, and annual cash flow records $899/yr on $116,025 to close. Return on cash invested measures 20.68% and rental yield reads 7.68% at the current $349,999. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,698 by year five. Five-year ROI prints 106.99% and total cumulative return in cash totals $124,130.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,240/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
1.59 Acres 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: Shane A. Proctor • Wayside, Realtors
Mls Name: Bakersfield AOR
Mls ID: #202508099