7704 Florence StLamontCA93241
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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
Investment property for sale in Lamont at 7704 Florence St, Lamont, CA, 93241 uses $84,533 cash to close to unlock $11,119/yr annual cash flow and $927/mo monthly cash flow. Total monthly income runs $2,504/mo, and a $1,248/mo payment keeps the spread at $927/mo. Purchase price stands at $255,000, and rental yield measures 11.78% with $2,504/mo rent. Return on cash invested shows 33.06% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 173.38% and total cumulative return in cash records $146,564. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,504/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1948
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93241, Lamont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,221 (100%) |
| Owner Occupied HU | 1,609 (38.1%) |
| Renter Occupied HU | 2,326 (55.1%) |
| Vacant Housing Units | 286 ( 6.8%) |
| Median Home Value | $230,801 |
| Average Home Value | $252,570 |
Housing Distribution
Address Breakdown
Residential
3,763
Single Family
3,664
Multi-Family
99
Businesses
226
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Listed by: Jose Manuel Ramirez, Sr. • Miramar International Calloway
Mls Name: Bakersfield AOR
Mls ID: #202509344