10002 Riata Ln, Bakersfield, CA, 93306 | $99/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bakersfield at 10002 Riata Ln, Bakersfield, CA, 93306 uses $145,529 cash to close to unlock $1,188/yr annual cash flow and $99/mo monthly cash flow. Total monthly income runs $3,067/mo, and a $2,149/mo payment keeps the spread at $99/mo. Purchase price stands at $439,000, and rental yield measures 8.38% with $3,067/mo rent. Return on cash invested shows 20.73% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 107.98% and total cumulative return in cash records $157,148. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,067/mo property income covering a $2,149/mo payment rather than investor’s personal income.

Single Family

Built in 2007

6,969 sqft lot

$N/A/sqft

$50 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93306, Bakersfield, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,867 (100%)
Owner Occupied HU	15,342 (61.7%)
Renter Occupied HU	8,578 (34.5%)
Vacant Housing Units	947 ( 3.8%)
Median Home Value	$344,569
Average Home Value	$371,081