504 Newton StArvinCA93203
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 Arvin at 504 Newton St, Arvin, CA, 93203 priced at $345,000 converts $2,759/mo rent into $592/mo cash flow after a $1,689/mo obligation. Total monthly income equals $2,759/mo, and annual cash flow totals $7,099/yr on $114,368 invested. Return on cash invested prints 26.12% in year one, and rental yield reads 9.6% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 136.27% and total cumulative return in cash sums $155,848. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,759/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 2004
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93203, Arvin, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,393 (100%) |
| Owner Occupied HU | 2,714 (50.3%) |
| Renter Occupied HU | 2,505 (46.4%) |
| Vacant Housing Units | 174 ( 3.2%) |
| Median Home Value | $292,678 |
| Average Home Value | $324,538 |
Housing Distribution
Address Breakdown
Residential
5,353
Single Family
5,216
Multi-Family
137
Businesses
344
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Nearby investment properties with comparable prices
Listed by: Dalyou W. Pierson • RE/MAX Golden Empire
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202504701
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.