45941 Ridge RdPoseyCA93260
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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 Posey at 45941 Ridge Rd, Posey, CA, 93260 generates $1,858/mo in rent and, after a $1,468/mo payment, leaves $3/mo in cash flow. Total monthly income is $1,858/mo, and annual cash flow is $31/yr on $99,433 invested. Return on cash invested sits at 19.94% in year one, and rental yield is 7.43% on a $299,950 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,871 over five years. Five-year ROI reaches 103.01% and total cumulative return in cash sums $102,428. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,858/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
0.76 Acres lot
$N/A/sqft
No 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
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Listed by: Carrie A. Shreffler • Coldwell Banker Preferred,RLT
Mls Name: Bakersfield AOR
Mls ID: #202510443