29485 Clear Creek RdKeeneCA93531
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 29485 Clear Creek Rd, Keene, CA, 93531 in Keene. At $370,000 it earns $2,755/mo in rent and distributes $390/mo to the owner after the $1,664/mo payment, a consistent 8.78% yield. DSCR 1.66 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $102,224 in value; $3,408/yr in principal paydown compounds ownership stake. Total projected return: $168,694.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 5.5% |
| Monthly Cash Flow | $390 | $300 |
City averages based on Keene market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,755 |
| Total Monthly Debt Service | $2,169 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1980
5.15 Acres lot
$N/A/sqft
$322 annually 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
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
Single Family
Built in 1980
5.15 Acres lot
$N/A/sqft
$322 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nelson Cantu • Keller Williams Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202503551
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.