Condo Investment Properties in Bakersfield, CA | Ziffy.ai
Save Search
Filters Applied
Edit
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Bakersfield, CA

Why Invest in Bakersfield, California?

Bakersfield's condo market offers an affordable entry point into California real estate with moderate appreciation potential. The market has demonstrated resilience with median prices around $415,000 and a rental yield environment supported by sustained demand from population growth and job opportunities. Condos represent a lower-maintenance investment vehicle compared to single-family homes, appealing to investors seeking diversified portfolios. With a decade-long average appreciation rate of 7.71% annually and projected 2-4% growth through 2026, Bakersfield condos provide steady returns in a less saturated market than coastal California metros.

3.5%
Avg. ROI
4.2%
Rental Yield
5.1%
Cap Rate
$650/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
2.8%
1Y Appreciation

Frequently Asked Questions

Condos offer lower maintenance responsibilities, reduced property management overhead, and typically lower entry costs than single-family homes. They appeal to investors seeking passive income with minimal hands-on management while benefiting from Bakersfield's affordable market and steady appreciation.

Find Your Perfect Investment Property in Bakersfield, California

Explore investment opportunities by strategy, performance, or property type

AI