30990 Elmo HwyMc FarlandCA93250
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 Mc Farland at 30990 Elmo Hwy, Mc Farland, CA, 93250 projects strong ROI of 3.14%. Rental yield 1.84%. With 5% annual appreciation, the property builds $745,960 in value over five years. Equity growth combined delivers a projected five-year ROI of 12.84%, translating into $112,295 in total cumulative return on $874,800 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1980
77.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93250, Mc Farland, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,808 (100%) |
| Owner Occupied HU | 2,192 (57.6%) |
| Renter Occupied HU | 1,522 (40.0%) |
| Vacant Housing Units | 94 ( 2.5%) |
| Median Home Value | $281,604 |
| Average Home Value | $305,584 |
Housing Distribution
Address Breakdown
Residential
3,576
Single Family
3,505
Multi-Family
71
Businesses
190
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Nearby investment properties with comparable prices
Listed by: Chadd Russell Neill • Wayside Homes
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202404175
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.