411 Old State RdWofford HeightsCA93285
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 411 Old State Rd, Wofford Heights, CA, 93285 in Wofford Heights deserves attention. This $164,000 property earns $2,020/mo in rent, a 14.78% gross yield, and nets $990/mo after the $737/mo payment. DSCR 2.74 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $45,310 compounds alongside $1,510/yr in yearly equity build, for a total cumulative return of $126,069.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.8% | 7.0% |
| Monthly Cash Flow | $990 | $1,500 |
City averages based on Wofford Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,020 |
| Total Monthly Debt Service | $964 |
| DSCR Ratio | 2.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93285, Wofford Heights, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 1,031 (42.5%) |
| Renter Occupied HU | 357 (14.7%) |
| Vacant Housing Units | 1,037 (42.8%) |
| Median Home Value | $351,288 |
| Average Home Value | $456,511 |
Housing Distribution
Address Breakdown
Residential
677
Single Family
677
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93285, Wofford Heights, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 1,031 (42.5%) |
| Renter Occupied HU | 357 (14.7%) |
| Vacant Housing Units | 1,037 (42.8%) |
| Median Home Value | $351,288 |
| Average Home Value | $456,511 |
Housing Distribution
Address Breakdown
Residential
677
Single Family
677
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Nunez • Elite, Realtors
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202504994
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.