8119 Tamarisk RdOnyxCA93255
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 Onyx at 8119 Tamarisk Rd, Onyx, CA, 93255 priced at $270,000 pairs $2,394/mo rent with $622/mo cash flow after a $1,322/mo payment. Total monthly income equals $2,394/mo, and annual cash flow comes to $7,461/yr on $89,505 invested. Return on cash invested is 28.25% in year one, and rental yield stands at 10.64% on a $270,000 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,596 by year five. Five-year ROI measures 148.04% and total cumulative return in cash reaches $132,505. For financing, Ziffy Mortgage’s DSCR program evaluates $2,394/mo property income against a $1,322/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93255, Onyx, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 377 (100%) |
| Owner Occupied HU | 200 (53.1%) |
| Renter Occupied HU | 87 (23.1%) |
| Vacant Housing Units | 90 (23.9%) |
| Median Home Value | $152,273 |
| Average Home Value | $207,563 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth D. Jimenez • Real Broker
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202500449
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.