30358 Richland AveShafterCA93263
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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 Shafter at 30358 Richland Ave, Shafter, CA, 93263 offers a 9.91% rental yield on a $220,000 purchase with $1,816/mo rent. Total monthly income registers $1,816/mo, and a $1,077/mo payment leaves $455/mo available for distribution. Annual cash flow reaches $5,458/yr on $72,930 to close, and return on cash invested stands at 27.39% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 142.97% and total cumulative return in cash at $104,267. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,816/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93263, Shafter, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,679 (100%) |
| Owner Occupied HU | 3,095 (54.5%) |
| Renter Occupied HU | 2,365 (41.6%) |
| Vacant Housing Units | 219 ( 3.9%) |
| Median Home Value | $320,225 |
| Average Home Value | $375,441 |
Housing Distribution
Address Breakdown
Residential
6,845
Single Family
6,665
Multi-Family
180
Businesses
459
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Nearby investment properties with comparable prices
Listed by: Timothy Franklin McCrary • Stockdale Real Estate Group
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505555
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.