723 Buchanan 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
Rental property for sale in Taft at 723 Buchanan St, Taft, CA, 93268 priced at $285,000 pairs $2,187/mo rent with $424/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,187/mo, and annual cash flow comes to $5,086/yr on $94,478 invested. Return on cash invested is 25.29% in year one, and rental yield stands at 9.21% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 131.72% and total cumulative return in cash reaches $124,446. For financing, Ziffy Mortgage’s DSCR program evaluates $2,187/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
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
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Nearby investment properties with comparable prices
Listed by: Yiluarde Pacheco • Pellego
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505028
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.