800 Lexington St APT 28DelanoCA93215
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Delano rental at 800 Lexington St APT 28, Delano, CA, 93215 sits in the solid-income band: 10.14% gross yield, $2,070/mo rent, $236/mo net after the $1,030/mo debt service, DSCR 2.01. Entry price of $229,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $63,268 and $2,109/yr in principal reduction bring total cumulative return to $109,806.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $236 | $1,800 |
City averages based on Delano market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,070 |
| Total Monthly Debt Service | $1,644 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1974
1,742 sqft lot
$N/A/sqft
$318 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93215, Delano, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,364 (100%) |
| Owner Occupied HU | 7,205 (53.9%) |
| Renter Occupied HU | 5,603 (41.9%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $325,504 |
| Average Home Value | $397,259 |
Housing Distribution
Address Breakdown
Residential
12,161
Single Family
11,544
Multi-Family
617
Businesses
901
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
Single Family
Built in 1974
1,742 sqft lot
$N/A/sqft
$318 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93215, Delano, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,364 (100%) |
| Owner Occupied HU | 7,205 (53.9%) |
| Renter Occupied HU | 5,603 (41.9%) |
| Vacant Housing Units | 556 ( 4.2%) |
| Median Home Value | $325,504 |
| Average Home Value | $397,259 |
Housing Distribution
Address Breakdown
Residential
12,161
Single Family
11,544
Multi-Family
617
Businesses
901
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daisy Pineda • D Best Realty, Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202506695
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.