61 8th Ave, Delano, CA, 93215 | $185/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1132 sft

1911 Sierra Vista Dr, Delano, CA, 93215

3 Bed
2 Bath
1093 sft

488 Merlot St, Mc Farland, CA, 93250

2 Bed
2 Bath
1100 sft

2018 Poso Dr, Wasco, CA, 93280

3 Bed
2 Bath
1186 sft

2440 Sharon Ct, Wasco, CA, 93280

Nearby investment properties with comparable prices

3 Bed
2 Bath
1400 sft

25509 Avenue 88, Terra Bella, CA, 93270

2 Bed
2 Bath
1506 sft

1309 4th St, Wasco, CA, 93280

3 Bed
1 Bath
1004 sft

2441 Krista St, Wasco, CA, 93280

3 Bed
2 Bath
1050 sft

2318 Sycamore St, Wasco, CA, 93280

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Delano at 61 8th Ave, Delano, CA, 93215 offers $2,220/mo rent that, after a $1,610/mo payment, leaves $185/mo cash flow. Total monthly income is $2,220/mo, and annual cash flow is $2,220/yr on $109,064 cash. Return on cash invested measures 21.94% in year one, and rental yield stands at 8.1% at a $329,000 entry. Equity gained on principal adds $2,123/yr while 5% annual appreciation compounds into $90,897 by year five. Five-year ROI records 113.8% and total cumulative return in cash reaches $124,113. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,220/mo property income versus a $1,610/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1968

4,791 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93215, Delano, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,364 (100%)
Owner Occupied HU	7,205 (53.9%)
Renter Occupied HU	5,603 (41.9%)
Vacant Housing Units	556 ( 4.2%)
Median Home Value	$325,504
Average Home Value	$397,259