3432 Starjet St St · Rosamond, CA 93560

$396,000

3 bd · 2.0 ba · 1,433 sqft · SingleFamily public records · 268 Days on market

Built 2005 6,969 sqft lot $276/sqft · 7% below area Est $425k · 7% under

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +10.6/15.0
• Cash flow +8.2/30.0
• Appreciation +6.2/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.2/10.0
• Schools +2.2/10.0
• 1% rule +2.0/10.0

Listing remarks MLS

Welcome to 3432 Starjet St In the heart of Rosamond! This beautifully refreshed home is move-in ready and perfect a first-time buyer or anyone looking for a turnkey opportunity. Recently updated with brand-new flooring and fresh interior paint, the home offers a clean, modern feel with a bright and inviting atmosphere throughout.

Key facts

• Brand new flooring
• Fresh interior paint
• 6,969 sq ft lot

Tags

• FRESH INTERIOR PAINT
• BRAND NEW FLOORING
• WALKING DISTANCE TO SCHOOLS
• SHOPPING CENTERS NEARBY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $396k.

Deal economics

• At list price, monthly cash flow is $-368 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $331k (16.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $276k (30.4% below list).
• Recommended offer: $276k (30.4% below list) — sets the bar for 1% rule.
• Cap rate 5.2% vs local median 4.3% in Rosamond — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 49/100 on livability (#1,178 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: schools F, crime F, amenities F.
• Southern Kern Unified (town): math 25% / reading 25% proficiency, ranked #387 of 517 in CA (top 75%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 458 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
• This rent runs 43% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $12k of equity ($3k loan paydown + $10k appreciation (2.4% local appreciation)).
• Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 3, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 268 days — a 12% lower offer ($348k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 17y ago; this cycle's ask has dropped $23k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $125k; list at $396k implies a 217% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $275,638 (30.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 268 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.70% ✗
• Cap rate: 5.18%
• Cash-on-cash: -3.98%
• DSCR: 0.82
• GRM: 12.0

CMA / ARV

• ARV (median comp): $424,960
• List price: $396,000
• Delta: -6.81%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3252 Voyager	0.22mi	3/2.0	1,473 (+3%)	2mo	$360,000	$244	83
2318 Horizon Dr	0.34mi	3/2.0	1,418 (-1%)	1mo	$339,900	$240	82
2716 Westland Dr	0.18mi	3/2.0	1,330 (-7%)	2mo	$389,000	$292	78
3425 Topgun St	0.08mi	4/2.0 (+1)	1,349 (-6%)	4mo	$390,000	$289	78
2424 Sunset Ridge Dr	0.28mi	3/2.0	1,287 (-10%)	1mo	$325,000	$253	69
3407 Amber St	0.50mi	3/2.0	1,375 (-4%)	5mo	$380,000	$276	66
3212 Marble	0.65mi	3/2.0	1,375 (-4%)	2mo	$415,000	$302	61
3332 Clark St	0.13mi	4/2.0 (+1)	1,639 (+14%)	6mo	$410,000	$250	60
3125 Edwards	0.60mi	4/2.0 (+1)	1,522 (+6%)	1mo	$430,000	$283	56
3025 Melvin St	0.61mi	4/2.0 (+1)	1,522 (+6%)	5mo	$421,000	$277	52
3236 Shelley St	0.52mi	4/2.0 (+1)	1,300 (-9%)	6mo	$388,000	$298	50
3112 Edwards Ave	0.60mi	3/2.0	1,231 (-14%)	6mo	$379,000	$308	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

2.4% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 1.9%
• Equity multiple: 1.11×
• Total profit: $11,893
• Equity at exit: $164,945

10-year hold

• IRR: 5.7%
• Equity multiple: 1.82×
• Total profit: $90,812
• Equity at exit: $244,439

Cash invested: $110,880 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 93560

• Home prices YoY: 0.6%
• Active inventory: 458
• Price-to-rent: 12.0×

Monthly cashflow live

• Estimated rent: $2,756 high
• Mortgage (P&I): −$2,077
• Tax from tax record: −$303 /mo · $3,641/yr
• Insurance: −$165
• HOA: −$0
• Vacancy / Maint / Mgmt: −$579
• Net cashflow: $-368

Break-even live

Break-even rent $3,222

Max offer price $331,077

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $99,000
• Closing costs: $11,880
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3317 Dale Ct Rosamond, CA	3.0	2.0	1330	$800	$0.60	1d	1	0.12mi
2436 Horizon Dr Rosamond, CA	3.0	2.0	1416	$4,500	$3.18	43d	1	0.24mi
2416 W Valley Vis Rosamond, CA	3.0	2.0	1343	$2,250	$1.68	15d	1	0.24mi
2608 Starbrite Ave Rosamond, CA	4.0	2.0	1542	$2,795	$1.81	1d	1	0.27mi
2516 Starbrite Ave Rosamond, CA	3.0	2.0	1542	$2,900	$1.88	1d	1	0.28mi
2300 Panorama Ln Rosamond, CA	2.0	2.0	1121	$2,300	$2.05	43d	1	0.37mi
3424 Amber St Rosamond, CA	3.0	2.0	1664	$2,500	$1.50	1d	1	0.50mi
3172 Shelley St Rosamond, CA	4.0	2.0	1192	$2,300	$1.93	21d	1	0.51mi
2910 B St Rosamond, CA	2.0	1.5	1775	$1,542	$0.87	19d	1	0.72mi
2821 Desert St Unit C Rosamond, CA	2.0	1.0	975	$1,795	$1.84	1d	1	0.91mi
1838 Center St Unit A Rosamond, CA	3.0	2.5	1495	$2,000	$1.34	1d	1	1.04mi
1838 Center St Unit A Rosamond, CA	3.0	2.5	1475	$2,000	$1.36	10d	1	1.04mi
2051 Candice Ave Rosamond, CA	3.0	2.0	1345	$2,395	$1.78	15d	1	1.13mi
3400 15th St W Unit 21 Rosamond, CA	2.0	1.0	950	$1,495	$1.57	10d	1	1.14mi
3400 15th St W Rosamond, CA	2.0	1.0	1000	$1,498	$1.50	1d	4	1.15mi
3400 15th St W Unit 118 Rosamond, CA	2.0	1.5	1050	$1,600	$1.52	10d	1	1.15mi
3700 Mount Lassen Ave Rosamond, CA	3.0	2.0	1504	$2,500	$1.66	43d	1	1.24mi
3017 Via Bella Rosa Ave Rosamond, CA	4.0	2.0	1820	$2,800	$1.54	43d	1	1.38mi
3624 Garnet Ave Rosamond, CA	3.0	2.0	1509	$2,499	$1.66	43d	1	1.42mi
3424 Brabham Ave Rosamond, CA	3.0	2.0	1364	$2,150	$1.58	43d	1	1.45mi
3124 Via Bella Rosa Ave Rosamond, CA	4.0	2.0	1809	$3,200	$1.77	43d	1	1.45mi
3356 Firebush Ave Rosamond, CA	4.0	2.0	1612	$2,550	$1.58	20d	1	1.49mi

Listing history 28 events

1. 2026-06-18
   days on market $396,000 Active 268 DOM
2. 2026-06-17
   days on market $396,000 Active 267 DOM
3. 2026-06-16
   days on market $396,000 Active 266 DOM
4. 2026-06-15
   days on market $396,000 Active 265 DOM
5. 2026-06-13
   days on market $396,000 Active 263 DOM
6. 2026-06-13
   days on market $396,000 Active 262 DOM
7. 2026-06-10
   price $396,000 Active 259 DOM
8. 2026-06-09
   days on market $405,000 Active 259 DOM
9. 2026-06-08
   days on market $405,000 Active 258 DOM
10. 2026-06-07
    days on market $405,000 Active 257 DOM
11. 2026-06-04
    days on market $405,000 Active 254 DOM
12. 2026-06-03
    days on market $405,000 Active 253 DOM
13. 2026-06-02
    days on market $405,000 Active 252 DOM
14. 2026-06-01
    days on market $405,000 Active 251 DOM
15. 2026-05-31
    days on market $405,000 Active 250 DOM
16. 2026-04-29
    status Active 332-char remark

    Show marketing remark (332 chars)

    Welcome to 3432 Starjet St In the heart of Rosamond! This beautifully refreshed home is move-in ready and perfect a first-time buyer or anyone looking for a turnkey opportunity. Recently updated with brand-new flooring and fresh interior paint, the home offers a clean, modern feel with a bright and inviting atmosphere throughout.

17. 2026-04-23
    status Pending 332-char remark

    Show marketing remark (332 chars)

    Welcome to 3432 Starjet St In the heart of Rosamond! This beautifully refreshed home is move-in ready and perfect a first-time buyer or anyone looking for a turnkey opportunity. Recently updated with brand-new flooring and fresh interior paint, the home offers a clean, modern feel with a bright and inviting atmosphere throughout.

18. 2026-02-11
    price $405,000 332-char remark

    Show marketing remark (332 chars)

    Welcome to 3432 Starjet St In the heart of Rosamond! This beautifully refreshed home is move-in ready and perfect a first-time buyer or anyone looking for a turnkey opportunity. Recently updated with brand-new flooring and fresh interior paint, the home offers a clean, modern feel with a bright and inviting atmosphere throughout.

19. 2025-10-10
    price $414,000 332-char remark

    Show marketing remark (332 chars)

    Welcome to 3432 Starjet St In the heart of Rosamond! This beautifully refreshed home is move-in ready and perfect a first-time buyer or anyone looking for a turnkey opportunity. Recently updated with brand-new flooring and fresh interior paint, the home offers a clean, modern feel with a bright and inviting atmosphere throughout.

20. 2025-09-16
    listed $419,000 Active 332-char remark

    Show marketing remark (332 chars)

    Welcome to 3432 Starjet St In the heart of Rosamond! This beautifully refreshed home is move-in ready and perfect a first-time buyer or anyone looking for a turnkey opportunity. Recently updated with brand-new flooring and fresh interior paint, the home offers a clean, modern feel with a bright and inviting atmosphere throughout.

21. 2009-08-14
    soldstatus $125,000
22. 2009-08-13
    soldstatus $125,000 239-char remark

    Show marketing remark (239 chars)

    This is a short sale listing- listing price is not guaranteed. Bring your best offer today. Don't miss out on this great opportunity! This single story home built in 2005 offers 1,433 sq ft of living space with 3 bedrooms and 2 full baths.

23. 2009-08-13
    soldstatus $125,000

    Show marketing remark (239 chars)

    This is a short sale listing- listing price is not guaranteed. Bring your best offer today. Don't miss out on this great opportunity! This single story home built in 2005 offers 1,433 sq ft of living space with 3 bedrooms and 2 full baths.

24. 2009-02-26
    listed $119,999 239-char remark

    Show marketing remark (239 chars)

    This is a short sale listing- listing price is not guaranteed. Bring your best offer today. Don't miss out on this great opportunity! This single story home built in 2005 offers 1,433 sq ft of living space with 3 bedrooms and 2 full baths.

25. 2009-02-26
    listed $119,999

    Show marketing remark (239 chars)

    This is a short sale listing- listing price is not guaranteed. Bring your best offer today. Don't miss out on this great opportunity! This single story home built in 2005 offers 1,433 sq ft of living space with 3 bedrooms and 2 full baths.

26. 2004-08-10
    soldstatus $540,000
27. 2004-07-02
    soldstatus $224,500
28. 2003-06-06
    soldstatus $39,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $3,641 · $303/mo
• Projected year-2 tax: $3,641 · $303/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 6 d/yr ≥101°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 7/10 Severe 14 unhealthy d/yr today · 18 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,077
• − Mortgage interest: −$22,182
• − Property taxes: −$3,641
• − Insurance: −$1,980
• − Repairs & maintenance: −$2,646
• − Management: −$2,646
• − Depreciation: −$11,520
• Taxable loss: −$11,539
• Est. tax savings @ 24.0%: +$2,769
• After-tax cash flow: $-1,641/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Southern Kern Unified
• NCES district ID: 0637620
• Math proficiency: 25% ▲ 7.00%
• Reading proficiency: 25% ▼ -8.00%
• Median HH income: $54,523
• Composite: 22.5/100
• National rank: #8093
• State rank: #387 of 517 in CA

Livability — Rosamond

• Score: 49/100
• State rank: #1178
• US rank: #25952

Category grades

Amenities F Commute F Cost of living D- Crime F Employment C Housing A+ Health & safety F User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rosamond, CA
• County: Kern County · 710,371 people
• City population: 22,119
• Metro: Bakersfield, CA
• Population (ZIP): 22,119
• Household income: $77,431
• Rent vs Own: 22.6% rent · 77.4% own
• Severe rent burden: 425.0

Population outlook (Kern County) Hauer SSP2

• Today (2025): 947,286 people
• By 2030: 978,984 · +3.3%
• By 2040: 1,045,018 · +10.3%
• By 2050: 1,105,232 · +16.7%
• By 2075: 1,229,538 · +29.8%
• By 2100: 1,238,059 · +30.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Hispanic / Latino 45% White 32% Two or more races 17% Black 13% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 35%
• Common ancestry: Portuguese 2% Italian 2% Lithuanian 1%
• Foreign-born: 13% · Canada
• Languages at home: 68% English-only · Spanish 28% Other Indo-European 2% Other Asian/Pacific 1%

Political lean MEDSL · Kern

• 2024 margin: Strong R (+21.1) · D 38.2% · R 59.3% · Other 2.5%
• 2008→2024 swing: -3.3pp toward R · 2008: -17.8pp · 2024: -21.1pp
• All cycles: 2024: R+21.1 2020: R+10.2 2016: R+15.0 2012: R+20.9 2008: R+17.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 2.40%
• Current HPI: 403.7206
• Rent YoY: —
• Metro: Bakersfield, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+938.5% since first listed

13 events — show timeline

• 2026-04-29 Relisted — AVMLS
• 2026-04-23 Pending — AVMLS
• 2026-02-11 Price Changed $405,000 AVMLS
• 2025-10-10 Price Changed $414,000 AVMLS
• 2025-09-16 Listed $419,000 AVMLS
• 2009-08-14 Sold (Public Records) $125,000 Public Records
• 2009-08-13 Sold (MLS) $125,000 CRMLS
• 2009-08-13 Sold (MLS) $125,000 AVMLS
• 2009-02-26 Listed $119,999 CRMLS
• 2009-02-26 Listed $119,999 AVMLS
• 2004-08-10 Sold (Public Records) $540,000 Public Records
• 2004-07-02 Sold (Public Records) $224,500 Public Records
• 2003-06-06 Sold (Public Records) $39,000 Public Records

Property tax history

+4.7%/yr

Latest (2025): $3,641 · +7.3% YoY. Source: county tax records.