46 Grandview AveKernvilleCA93238
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
Investment Highlights
Rental property for sale in Kernville at 46 Grandview Ave, Kernville, CA, 93238 priced at $150,000 converts $1,525/mo rent into $597/mo cash flow after a $734/mo obligation. Total monthly income equals $1,525/mo, and annual cash flow totals $7,167/yr on $49,725 invested. Return on cash invested prints 34.32% in year one, and rental yield reads 12.2% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 180.21% and total cumulative return in cash sums $89,610. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,525/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1965
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93238, Kernville, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,079 (100%) |
| Owner Occupied HU | 547 (50.7%) |
| Renter Occupied HU | 181 (16.8%) |
| Vacant Housing Units | 351 (32.5%) |
| Median Home Value | $548,759 |
| Average Home Value | $778,135 |
Housing Distribution
Address Breakdown
Residential
153
Single Family
153
Multi-Family
0
Businesses
103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Winans • Winans & Associates
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202504527
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.