619 South StTaftCA93268
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 Taft at 619 South St, Taft, CA, 93268 earns $1,248/mo cash flow from $2,479/mo rent with a $974/mo payment. Total monthly income totals $2,479/mo, and annual cash flow totals $14,975/yr on $65,969 capital. ROI tracks 42.61% on current figures, and rental yield reads 14.95% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 224.59% and total cumulative return in cash sums $148,158. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,479/mo property income instead of your personal income.
Single Family
Built in 1928
10,454 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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Nearby investment properties with comparable prices
Listed by: Walter A. Benitez • Infinity Real Estate Services
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202406949
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.