427 Chris AveShafterCA93263
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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 Shafter at 427 Chris Ave, Shafter, CA, 93263 listed at $375,999 pairs $3,902/mo rent with a $1,840/mo payment to leave $1,480/mo cash flow. Total monthly income runs $3,902/mo, and annual cash flow reaches $17,754/yr on $124,644 cash to close. Return on cash invested measures 34.15% in year one, and rental yield registers 12.45% at a $375,999 basis. Equity gained on principal adds $2,426/yr, and annual property appreciation at 5% supports $103,882 by year five. Five-year ROI tracks 179.57% and total cumulative return in cash totals $223,828. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,902/mo property income relative to a $1,840/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93263, Shafter, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,679 (100%) |
| Owner Occupied HU | 3,095 (54.5%) |
| Renter Occupied HU | 2,365 (41.6%) |
| Vacant Housing Units | 219 ( 3.9%) |
| Median Home Value | $320,225 |
| Average Home Value | $375,441 |
Housing Distribution
Address Breakdown
Residential
6,845
Single Family
6,665
Multi-Family
180
Businesses
459
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Nearby investment properties with comparable prices
Listed by: Diana Angelique Aceves • Watson Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202407876
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.