1000 Monterey StBakersfieldCA93305
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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
Investment property for sale in Bakersfield at 1000 Monterey St, Bakersfield, CA, 93305 earns from $1,472/mo rent with a $2,692/mo payment. Total monthly income totals $1,472/mo. ROI tracks 7.26% on current figures, and rental yield reads 3.21% at a $549,990 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,952 over five years. Five-year ROI reaches 34.97% and total cumulative return in cash sums $63,283. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,472/mo property income instead of your personal income.
Multi Family
Built in 1984
6,097 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93305, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,083 (100%) |
| Owner Occupied HU | 4,330 (35.8%) |
| Renter Occupied HU | 7,204 (59.6%) |
| Vacant Housing Units | 549 ( 4.5%) |
| Median Home Value | $280,402 |
| Average Home Value | $352,555 |
Housing Distribution
Address Breakdown
Residential
11,593
Single Family
10,310
Multi-Family
1,283
Businesses
893
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Listed by: Nikolas Boone • Ascend Real Estate and Propert
Mls Name: Bakersfield AOR
Mls ID: #202511917