4217 Balboa StLake IsabellaCA93240
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4217 Balboa St, Lake Isabella, CA, 93240 in Lake Isabella is a solid income-producing rental, 9.49% gross yield, $1,337/mo rent, $292/mo net cash flow on a $169,000 buy. DSCR 1.76 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $46,692 and $1,557/yr in principal reduction project a total cumulative return of $82,843.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.0% |
| Monthly Cash Flow | $292 | $300 |
City averages based on Lake Isabella market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,337 |
| Total Monthly Debt Service | $978 |
| DSCR Ratio | 1.37x |
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 1983
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93240, Lake Isabella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,491 (100%) |
| Owner Occupied HU | 1,747 (50.0%) |
| Renter Occupied HU | 938 (26.9%) |
| Vacant Housing Units | 806 (23.1%) |
| Median Home Value | $288,333 |
| Average Home Value | $344,131 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,171
Multi-Family
122
Businesses
237
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 1983
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93240, Lake Isabella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,491 (100%) |
| Owner Occupied HU | 1,747 (50.0%) |
| Renter Occupied HU | 938 (26.9%) |
| Vacant Housing Units | 806 (23.1%) |
| Median Home Value | $288,333 |
| Average Home Value | $344,131 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,171
Multi-Family
122
Businesses
237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mitchell A Dela Cruz • Real Broker
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202500162
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.