9313 Road 248 #ATerra BellaCA93270
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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
Total monthly income runs $3,029/mo, and a $2,741/mo payment. Purchase price stands at $560,000, and rental yield measures 6.49% with $3,029/mo rent. Return on cash invested shows 17.22% in year one, and 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 88.41% and total cumulative return in cash records $162,893. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,029/mo property income covering a $2,741/mo payment rather than investor’s personal income.
Single Family
Built in 1986
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93270, Terra Bella, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,650 (100%) |
| Owner Occupied HU | 868 (52.6%) |
| Renter Occupied HU | 653 (39.6%) |
| Vacant Housing Units | 129 ( 7.8%) |
| Median Home Value | $337,572 |
| Average Home Value | $401,357 |
Housing Distribution
Address Breakdown
Residential
886
Single Family
886
Multi-Family
0
Businesses
103
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Nearby investment properties with comparable prices
Listed by: Margarita Salas • Five Star Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408268
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.