400 Shasta StTaftCA93268
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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 Taft at 400 Shasta St, Taft, CA, 93268 with 5% annual appreciation on a $379,500 basis while $2,280/mo rent supports operations. 27% in year one. Equity gained on principal adds $2,449/yr, and five-year appreciation sums $104,849 alongside rental yield of 7.21%. Five-year ROI measures 99.39% and total cumulative return in cash totals $125,040. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,280/mo property income versus a $1,857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93268, Taft, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,136 (100%) |
| Owner Occupied HU | 3,052 (49.7%) |
| Renter Occupied HU | 2,544 (41.5%) |
| Vacant Housing Units | 540 ( 8.8%) |
| Median Home Value | $267,980 |
| Average Home Value | $368,048 |
Housing Distribution
Address Breakdown
Residential
5,612
Single Family
5,439
Multi-Family
173
Businesses
452
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Listed by: Daryl R. Christensen • Watson Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202406264
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.