3308 Seclusion RdLake IsabellaCA93240
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
Rental property for sale in Lake Isabella at 3308 Seclusion Rd, Lake Isabella, CA, 93240 generates $2,510/mo in rent, after a $2,154/mo payment. Total monthly income is $2,510/mo. Return on cash invested sits at 18.09% in year one, and rental yield is 6.85% on a $439,995 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,563 over five years. Five-year ROI reaches 93.1% and total cumulative return in cash sums $135,801. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,510/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
1.69 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Spring M. Bunting • Coldwell Banker Preferred,RLT
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202409673
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.