446 Wright AvePixleyCA93256
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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 Pixley at 446 Wright Ave, Pixley, CA, 93256 priced at $489,999 converts $2,278/mo rent into after a $2,398/mo obligation. Total monthly income equals $2,278/mo. Return on cash invested prints 14.35% in year one, and rental yield reads 5.58% against a $489,999 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation compiles into $135,378 by year five. Five-year ROI reaches 73.03% and total cumulative return in cash sums $118,632. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,278/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 1979
2.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93256, Pixley, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 612 (39.8%) |
| Renter Occupied HU | 845 (54.9%) |
| Vacant Housing Units | 81 ( 5.3%) |
| Median Home Value | $240,385 |
| Average Home Value | $324,530 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
1,005
Multi-Family
95
Businesses
115
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Listed by: Michael Bautista • Miramar International Calloway
Mls Name: Bakersfield AOR
Mls ID: #202600049