329 W 3rd StButtonwillowCA93206
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 Buttonwillow at 329 W 3rd St, Buttonwillow, CA, 93206 uses $89,505 cash to close to unlock $13,203/yr annual cash flow and $1,100/mo monthly cash flow. Total monthly income runs $2,771/mo, and a $1,322/mo payment keeps the spread at $1,100/mo. Purchase price stands at $270,000, and rental yield measures 12.32% with $2,771/mo rent. Return on cash invested shows 34.66% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 181.98% and total cumulative return in cash records $162,877. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,771/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1966
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93206, Buttonwillow, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 552 (100%) |
| Owner Occupied HU | 239 (43.3%) |
| Renter Occupied HU | 255 (46.2%) |
| Vacant Housing Units | 58 (10.5%) |
| Median Home Value | $287,500 |
| Average Home Value | $377,584 |
Housing Distribution
Address Breakdown
Residential
333
Single Family
333
Multi-Family
0
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Hernandez • Miramar International Calloway
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408701
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.