47968 Fairview RdNewberry SpringsCA92365
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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 Newberry Springs at 47968 Fairview Rd, Newberry Springs, CA, 92365 with 5% annual appreciation on a $249,000 basis while $1,765/mo rent supports operations. Total monthly income totals $1,765/mo and a $1,219/mo payment preserves $224/mo for cash returns. Annual cash flow comes to $2,692/yr on $82,544 deployed, and return on cash invested reaches 23.17% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 8.51%. Five-year ROI measures 120.37% and total cumulative return in cash totals $99,356.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,765/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1997
4.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92365, Newberry Springs, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 630 (51.1%) |
| Renter Occupied HU | 262 (21.2%) |
| Vacant Housing Units | 342 (27.7%) |
| Median Home Value | $122,222 |
| Average Home Value | $260,853 |
Housing Distribution
Address Breakdown
Residential
724
Single Family
724
Multi-Family
0
Businesses
59
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Nearby investment properties with comparable prices
Listed by: Baby Kurian • Bakersfield Realty Group
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202411330
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.