1001 Mohawk St APT 75BakersfieldCA93309
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 Bakersfield at 1001 Mohawk St APT 75, Bakersfield, CA, 93309 offers a 7.53% rental yield on a $329,900 purchase with $2,071/mo rent. 87% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 77.82% and total cumulative return in cash at $85,107. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,071/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
$335 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93309, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,423 (100%) |
| Owner Occupied HU | 10,395 (44.4%) |
| Renter Occupied HU | 12,080 (51.6%) |
| Vacant Housing Units | 948 ( 4.0%) |
| Median Home Value | $339,528 |
| Average Home Value | $381,559 |
Housing Distribution
Address Breakdown
Residential
22,812
Single Family
16,852
Multi-Family
5,960
Businesses
1,800
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Nearby investment properties with comparable prices
Listed by: Evelyn M. Martinez • Emerge Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202504303
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.