321 Lincoln Ln #WW47DelanoCA93215
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 321 Lincoln Ln #WW47, Delano, CA, 93215 in Delano the bet is firmly on appreciation. Rental yield 5.92%. The 5.92% gross yield on a $450,370 price is below income-first thresholds, but 5%/yr value growth projects $124,429 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.10) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $134,390.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.0% |
| Monthly Cash Flow | $(566) | $1,800 |
City averages based on Delano market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,220 |
| Total Monthly Debt Service | $2,607 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2025
6,202 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93215, Delano, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,364 (100%) |
| Owner Occupied HU | 7,205 (53.9%) |
| Renter Occupied HU | 5,603 (41.9%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $325,504 |
| Average Home Value | $397,259 |
Housing Distribution
Address Breakdown
Residential
12,161
Single Family
11,544
Multi-Family
617
Businesses
901
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 2025
6,202 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93215, Delano, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,364 (100%) |
| Owner Occupied HU | 7,205 (53.9%) |
| Renter Occupied HU | 5,603 (41.9%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $325,504 |
| Average Home Value | $397,259 |
Housing Distribution
Address Breakdown
Residential
12,161
Single Family
11,544
Multi-Family
617
Businesses
901
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lana Z. Fahoum • San Joaquin Valley Homes
Mls Name: Bakersfield AOR
Mls ID: #202509454