8620 Old State RdWofford HeightsCA93285








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 Wofford Heights at 8620 Old State Rd, Wofford Heights, CA, 93285 listed at $369,900 pairs $3,580/mo rent with a $1,810/mo payment to leave $1,232/mo cash flow. Total monthly income runs $3,580/mo, and annual cash flow reaches $14,789/yr on $122,622 cash to close. Return on cash invested measures 31.97% in year one, and rental yield registers 11.61% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 167.73% and total cumulative return in cash totals $205,678. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,580/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93285, Wofford Heights, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,425 (100%) |
| Owner Occupied HU | 1,031 (42.5%) |
| Renter Occupied HU | 357 (14.7%) |
| Vacant Housing Units | 1,037 (42.8%) |
| Median Home Value | $351,288 |
| Average Home Value | $456,511 |
Housing Distribution
Address Breakdown
Residential
677
Single Family
677
Multi-Family
0
Businesses
75
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Nearby investment properties with comparable prices



Listed by: Brian Franz • Brian Franz Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408459
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.








