713 Polk 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 713 Polk St, Taft, CA, 93268 offers a 9.53% rental yield on a $199,990 purchase with $1,588/mo rent. Total monthly income registers $1,588/mo, and a $979/mo payment leaves $211/mo available for distribution. Annual cash flow reaches $2,536/yr on $66,297 to close, and return on cash invested stands at 23.73% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,254 over five years. Portfolio math shows five-year ROI at 124.32% and total cumulative return in cash at $82,421. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,588/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
6,969 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nikolas Boone • Ascend Real Estate and Propert
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202504101
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.