1001 Oxford CtBakersfieldCA93305
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 Oxford Ct, Bakersfield, CA, 93305 listed at $319,900 pairs $3,571/mo rent with a $1,566/mo payment to leave $1,559/mo cash flow. Total monthly income runs $3,571/mo, and annual cash flow reaches $18,711/yr on $106,047 cash to close. Return on cash invested measures 37.55% in year one, and rental yield registers 13.4% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 197.61% and total cumulative return in cash totals $209,564. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,571/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
7,405 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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Nearby investment properties with comparable prices
Listed by: Jennifer E. Woods • The Davis Group Real Est
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408593
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.