2988 Commercial AveBodfishCA93240








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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 Bodfish at 2988 Commercial Ave, Bodfish, CA, 93240 priced at $275,000 converts $2,231/mo rent into $530/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,231/mo, and annual cash flow totals $6,357/yr on $91,163 invested. Return on cash invested prints 26.88% in year one, and rental yield reads 9.74% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 140.24% and total cumulative return in cash sums $127,847. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,231/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.33 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: Rita D'Angelo • Rita D'Angelo Real Estate
Mls Name: RAOR
Mls Provider:
Mls ID: #2605074
Disclaimer: Copyright Ridgecrest Area Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.








