10015 Cinderella AveBakersfieldCA93311
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 10015 Cinderella Ave, Bakersfield, CA, 93311 earns $581/mo cash flow from $4,078/mo rent with a $2,124/mo payment. Total monthly income totals $4,078/mo, and annual cash flow totals $6,975/yr on $143,871 capital. ROI tracks 24.76% on current figures, and rental yield reads 11.28% at a $434,000 purchase. Equity gained on principal adds $2,801/yr, and 5% annual appreciation supports $119,906 over five years. Five-year ROI reaches 131.31% and total cumulative return in cash sums $188,914. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,078/mo property income instead of your personal income.
Single Family
Built in 2000
6,969 sqft lot
$N/A/sqft
$210 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93311, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,614 (100%) |
| Owner Occupied HU | 13,923 (71.0%) |
| Renter Occupied HU | 4,937 (25.2%) |
| Vacant Housing Units | 754 ( 3.8%) |
| Median Home Value | $450,345 |
| Average Home Value | $507,067 |
Housing Distribution
Address Breakdown
Residential
19,007
Single Family
17,627
Multi-Family
1,380
Businesses
627
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Listed by: Kristi L. Barnhard • Miramar International Calloway
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202406844
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.