515 Polk StTaftCA93268
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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 Taft at 515 Polk St, Taft, CA, 93268 with 5% annual appreciation on a $184,995 basis while $1,588/mo rent supports operations. Total monthly income totals $1,588/mo and a $905/mo payment preserves $399/mo for cash returns. Annual cash flow comes to $4,785/yr on $61,326 deployed, and return on cash invested reaches 27.71% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,111 alongside rental yield of 10.3%. Five-year ROI measures 145.02% and total cumulative return in cash totals $88,933.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,588/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1926
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93268, Taft, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,136 (100%) |
| Owner Occupied HU | 3,052 (49.7%) |
| Renter Occupied HU | 2,544 (41.5%) |
| Vacant Housing Units | 540 ( 8.8%) |
| Median Home Value | $267,980 |
| Average Home Value | $368,048 |
Housing Distribution
Address Breakdown
Residential
5,612
Single Family
5,439
Multi-Family
173
Businesses
452
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Listed by: Domingo Castro • Wise Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202507360
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.