613 Hitchcock 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
Rental property for sale in Shafter at 613 Hitchcock Ave, Shafter, CA, 93263 generates $2,550/mo in rent and, after a $1,757/mo payment, leaves $329/mo in cash flow. Total monthly income is $2,550/mo, and annual cash flow is $3,951/yr on $119,009 invested. Return on cash invested sits at 23.23% in year one, and rental yield is 8.52% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 120.66% and total cumulative return in cash sums $143,599. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,550/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
7,840 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
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Listed by: Antero D. Iturriria • Central Cal Management, Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202502347
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.