344 Atlantic AveShafterCA93263
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 Shafter at 344 Atlantic Ave, Shafter, CA, 93263 priced at $319,950 pairs $3,407/mo rent with $1,428/mo cash flow after a $1,566/mo payment. Total monthly income equals $3,407/mo, and annual cash flow comes to $17,133/yr on $106,063 invested. Return on cash invested is 36.06% in year one, and rental yield stands at 12.78% on a $319,950 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,396 by year five. Five-year ROI measures 189.46% and total cumulative return in cash reaches $200,951. For financing, Ziffy Mortgage’s DSCR program evaluates $3,407/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
7,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93263, Shafter, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,679 (100%) |
| Owner Occupied HU | 3,095 (54.5%) |
| Renter Occupied HU | 2,365 (41.6%) |
| Vacant Housing Units | 219 ( 3.9%) |
| Median Home Value | $320,225 |
| Average Home Value | $375,441 |
Housing Distribution
Address Breakdown
Residential
6,845
Single Family
6,665
Multi-Family
180
Businesses
459
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Nearby investment properties with comparable prices
Listed by: Tony Diaz • Homes R Us Realty Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408605
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.