342 C StWascoCA93280
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 Wasco at 342 C St, Wasco, CA, 93280 priced at $282,000 pairs $2,032/mo rent with $247/mo cash flow after a $1,380/mo payment. Total monthly income equals $2,032/mo, and annual cash flow comes to $2,965/yr on $93,483 invested. Return on cash invested is 23.08% in year one, and rental yield stands at 8.65% on a $282,000 basis. Equity gained on principal adds $1,820/yr, and 5% annual appreciation accumulates to $77,911 by year five. Five-year ROI measures 120.09% and total cumulative return in cash reaches $112,261. For financing, Ziffy Mortgage’s DSCR program evaluates $2,032/mo property income against a $1,380/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93280, Wasco, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,875 (100%) |
| Owner Occupied HU | 3,677 (53.5%) |
| Renter Occupied HU | 2,911 (42.3%) |
| Vacant Housing Units | 287 ( 4.2%) |
| Median Home Value | $289,968 |
| Average Home Value | $339,895 |
Housing Distribution
Address Breakdown
Residential
6,627
Single Family
6,276
Multi-Family
351
Businesses
421
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Nearby investment properties with comparable prices
Listed by: Talia C. Heaton • Legacy Realty Group Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202412164
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.