9959 224th RdTerra BellaCA93270
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 Terra Bella at 9959 224th Rd, Terra Bella, CA, 93270 earns from $3,749/mo rent with a $3,891/mo payment. Total monthly income totals $3,749/mo. ROI tracks 14.7% on current figures, and rental yield reads 5.66% at a $795,000 purchase. Equity gained on principal adds $5,130/yr, and 5% annual appreciation supports $219,644 over five years. Five-year ROI reaches 74.87% and total cumulative return in cash sums $195,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,749/mo property income instead of your personal income.
Single Family
Built in 1982
4 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: Cindy Fernandez • Keller Williams Realty Tulare
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202404294
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.