344 Golden West AveShafterCA93263
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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 Shafter at 344 Golden West Ave, Shafter, CA, 93263 with 5% annual appreciation on a $290,000 basis while $1,870/mo rent supports operations. Total monthly income totals $1,870/mo and a $1,419/mo payment preserves $76/mo for cash returns. Annual cash flow comes to $917/yr on $96,135 deployed, and return on cash invested reaches 20.86% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 7.74%. Five-year ROI measures 107.97% and total cumulative return in cash totals $103,792.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,870/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
6,969 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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Listed by: Jerome Joseph Preston • Open Door Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202504185
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.