409 Monroe 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
Rental property for sale in Taft at 409 Monroe St, Taft, CA, 93268 generates $2,122/mo in rent and, after a $1,517/mo payment, leaves $182/mo in cash flow. Total monthly income is $2,122/mo, and annual cash flow is $2,179/yr on $102,765 invested. Return on cash invested sits at 22.03% in year one, and rental yield is 8.21% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 114.31% and total cumulative return in cash sums $117,475. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,122/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
6,969 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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Nearby investment properties with comparable prices
Listed by: Rebecca Fuller • eXp Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202500787
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.