45827 Ridge RdPoseyCA93260
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 45827 Ridge Rd, Posey, CA, 93260 in Posey worth modelling. At $125,000 with a 9.44% gross yield, the $983/mo rent leaves $174/mo after the $562/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.75 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $34,535 by year five; $1,151/yr in principal reduction adds further equity. Total projected return: $58,819.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $174 | $1,500 |
City averages based on Posey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $983 |
| Total Monthly Debt Service | $759 |
| DSCR Ratio | 1.30x |
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 1942
5,782 sqft lot
$N/A/sqft
$425 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93260, Posey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 103 (19.4%) |
| Renter Occupied HU | 25 ( 4.7%) |
| Vacant Housing Units | 402 (75.8%) |
| Median Home Value | $362,500 |
| Average Home Value | $425,510 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
14
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 1942
5,782 sqft lot
$N/A/sqft
$425 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93260, Posey, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 103 (19.4%) |
| Renter Occupied HU | 25 ( 4.7%) |
| Vacant Housing Units | 402 (75.8%) |
| Median Home Value | $362,500 |
| Average Home Value | $425,510 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carrie A. Shreffler • Coldwell Banker Preferred,RLT
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408245
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.