521 Grundy AveShafterCA93263
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
Investment property for sale in Shafter at 521 Grundy Ave, Shafter, CA, 93263 at $350,000 posts ROI 36.01% with $1,557/mo cash flow from $3,774/mo rent. Total monthly income equals $3,774/mo, and annual cash flow records $18,681/yr on $116,025 to close. Return on cash invested measures 36.01% and rental yield reads 12.94% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 189.37% and total cumulative return in cash totals $219,722.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,774/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93263, Shafter, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,679 (100%) |
| Owner Occupied HU | 3,095 (54.5%) |
| Renter Occupied HU | 2,365 (41.6%) |
| Vacant Housing Units | 219 ( 3.9%) |
| Median Home Value | $320,225 |
| Average Home Value | $375,441 |
Housing Distribution
Address Breakdown
Residential
6,845
Single Family
6,665
Multi-Family
180
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diana Angelique Aceves • Watson Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202407044
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.