46193 Jessies WayPoseyCA93260
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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
Investment property for sale in Posey at 46193 Jessies Way, Posey, CA, 93260 uses $52,709 cash to close to unlock $11,510/yr annual cash flow and $959/mo monthly cash flow. Total monthly income runs $1,978/mo, and a $778/mo payment keeps the spread at $959/mo. Purchase price stands at $159,000, and rental yield measures 14.93% with $1,978/mo rent. Return on cash invested shows 41.75% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 220.31% and total cumulative return in cash records $116,124. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,978/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.48 Acres 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
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Listed by: Carrie A. Shreffler • Coldwell Banker Preferred,RLT
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202409444
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.