8930 Carriage Hills DrShafterCA93263
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 8930 Carriage Hills Dr, Shafter, CA, 93263 in Shafter. Priced at $566,500, it generates $6,042/mo in gross rent and $2,538/mo in net monthly cash flow, a 12.8% yield that comfortably supports the 2.37 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $30,450. Five-year appreciation: $156,514. Equity from principal paydown: $5,218/yr. Total projected cumulative return: $378,132.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 7.0% |
| Monthly Cash Flow | $2,538 | $300 |
City averages based on Shafter market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,042 |
| Total Monthly Debt Service | $3,279 |
| DSCR Ratio | 1.84x |
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 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93263, Shafter, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,679 (100%) |
| Owner Occupied HU | 3,095 (54.5%) |
| Renter Occupied HU | 2,365 (41.6%) |
| Vacant Housing Units | 219 ( 3.9%) |
| Median Home Value | $320,225 |
| Average Home Value | $375,441 |
Housing Distribution
Address Breakdown
Residential
6,845
Single Family
6,665
Multi-Family
180
Businesses
459
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 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93263, Shafter, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,679 (100%) |
| Owner Occupied HU | 3,095 (54.5%) |
| Renter Occupied HU | 2,365 (41.6%) |
| Vacant Housing Units | 219 ( 3.9%) |
| Median Home Value | $320,225 |
| Average Home Value | $375,441 |
Housing Distribution
Address Breakdown
Residential
6,845
Single Family
6,665
Multi-Family
180
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices