424-424 Olive StMaricopaCA93252
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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
Investment Highlights
Investment property for sale in Maricopa at 424-424 Olive St, Maricopa, CA, 93252 earns $1,628/mo cash flow from $2,340/mo rent with a $563/mo payment. Total monthly income totals $2,340/mo, and annual cash flow totals $19,541/yr on $38,123 capital. ROI tracks 71.17% on current figures, and rental yield reads 24.42% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 377.79% and total cumulative return in cash sums $144,021. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.
Manufactured
Built in 1980
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93252, Maricopa, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 714 (100%) |
| Owner Occupied HU | 397 (55.6%) |
| Renter Occupied HU | 185 (25.9%) |
| Vacant Housing Units | 132 (18.5%) |
| Median Home Value | $193,056 |
| Average Home Value | $312,966 |
Housing Distribution
Address Breakdown
Residential
295
Single Family
295
Multi-Family
0
Businesses
29
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Nearby investment properties with comparable prices
Listed by: Walter A. Benitez • Infinity Real Estate Services
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202406950
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.