6707 Palomino DrSangerCA93657
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 Sanger at 6707 Palomino Dr, Sanger, CA, 93657 offers $3,340/mo rent that, after a $2,740/mo payment. Total monthly income is $3,340/mo. Return on cash invested measures 18.33% in year one, and rental yield stands at 7.16% at a $559,900 entry. Equity gained on principal adds $3,613/yr while 5% annual appreciation compounds into $154,690 by year five. Five-year ROI records 94.69% and total cumulative return in cash reaches $174,418. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,340/mo property income versus a $2,740/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
2.77 Acres lot
$N/A/sqft
$7 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93657, Sanger, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,200 (100%) |
| Owner Occupied HU | 7,538 (61.8%) |
| Renter Occupied HU | 4,023 (33.0%) |
| Vacant Housing Units | 639 ( 5.2%) |
| Median Home Value | $463,747 |
| Average Home Value | $505,875 |
Housing Distribution
Address Breakdown
Residential
11,436
Single Family
10,968
Multi-Family
468
Businesses
744
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Nearby investment properties with comparable prices
Listed by: Adam G. Belter • Coldwell Banker Preferred,RLT
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202409306
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.