400 Sweetgum CtWascoCA93280
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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
Rental property for sale in Wasco at 400 Sweetgum Ct, Wasco, CA, 93280 priced at $395,500 pairs $4,469/mo rent with $1,912/mo cash flow after a $1,936/mo payment. Total monthly income equals $4,469/mo, and annual cash flow comes to $22,945/yr on $131,108 invested. Return on cash invested is 37.41% in year one, and rental yield stands at 13.56% on a $395,500 basis. Equity gained on principal adds $2,552/yr, and 5% annual appreciation accumulates to $109,269 by year five. Five-year ROI measures 197.07% and total cumulative return in cash reaches $258,379. For financing, Ziffy Mortgage’s DSCR program evaluates $4,469/mo property income against a $1,936/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
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: Terri Garcia • New Generation Real Estate Gro
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202406815
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.