401 Cedar AveAtwaterCA95301
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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 Atwater at 401 Cedar Ave, Atwater, CA, 95301 priced at $340,000 converts $1,716/mo rent into after a $1,664/mo obligation. Total monthly income equals $1,716/mo. Return on cash invested prints 15.79% in year one, and rental yield reads 6.06% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 80.73% and total cumulative return in cash sums $90,990. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,716/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1951
7,649 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95301, Atwater, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,119 (100%) |
| Owner Occupied HU | 7,743 (59.0%) |
| Renter Occupied HU | 5,014 (38.2%) |
| Vacant Housing Units | 362 ( 2.8%) |
| Median Home Value | $399,856 |
| Average Home Value | $442,003 |
Housing Distribution
Address Breakdown
Residential
12,883
Single Family
12,556
Multi-Family
327
Businesses
829
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Listed by: Ramon M. Martinez Jr. • Watson Realty
Mls Name: Bakersfield AOR
Mls ID: #202512724