660 Laurel DrBodfishCA93205
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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
Rental property for sale in Bodfish at 660 Laurel Dr, Bodfish, CA, 93205 generates $1,776/mo in rent and, after a $905/mo payment, leaves $632/mo in cash flow. Total monthly income is $1,776/mo, and annual cash flow is $7,584/yr on $61,328 invested. Return on cash invested sits at 32.28% in year one, and rental yield is 11.52% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 169.22% and total cumulative return in cash sums $103,779. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,776/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93205, Bodfish, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,315 (100%) |
| Owner Occupied HU | 762 (57.9%) |
| Renter Occupied HU | 272 (20.7%) |
| Vacant Housing Units | 281 (21.4%) |
| Median Home Value | $135,887 |
| Average Home Value | $195,797 |
Housing Distribution
Address Breakdown
Residential
806
Single Family
806
Multi-Family
0
Businesses
19
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Listed by: Ryan Stevens • Pacific Shore Real Estate, Inc
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408274
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.