9816 Houston AveLamontCA93241
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 Lamont at 9816 Houston Ave, Lamont, CA, 93241 with 5% annual appreciation on a $280,000 basis while $2,952/mo rent supports operations. Total monthly income totals $2,952/mo and a $1,370/mo payment preserves $1,208/mo for cash returns. Annual cash flow comes to $14,501/yr on $92,820 deployed, and return on cash invested reaches 35.53% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 12.65%. Five-year ROI measures 186.68% and total cumulative return in cash totals $173,277.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,952/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93241, Lamont, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,221 (100%) |
| Owner Occupied HU | 1,609 (38.1%) |
| Renter Occupied HU | 2,326 (55.1%) |
| Vacant Housing Units | 286 ( 6.8%) |
| Median Home Value | $230,801 |
| Average Home Value | $252,570 |
Housing Distribution
Address Breakdown
Residential
3,763
Single Family
3,664
Multi-Family
99
Businesses
226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cuauhtemoc M. Rangel • KernCountyHome.com
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202407287
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.