1017 Paloma StBakersfieldCA93304
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
Total monthly income runs $2,135/mo, and a $2,129/mo payment. Purchase price stands at $435,000, and rental yield measures 5.89% with $2,135/mo rent. Return on cash invested shows 15.28% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 78.06% and total cumulative return in cash records $112,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,135/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Multi Family
Built in 1954
6,017 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93304, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,902 (100%) |
| Owner Occupied HU | 6,979 (41.3%) |
| Renter Occupied HU | 9,178 (54.3%) |
| Vacant Housing Units | 745 ( 4.4%) |
| Median Home Value | $268,814 |
| Average Home Value | $320,017 |
Housing Distribution
Address Breakdown
Residential
16,210
Single Family
13,980
Multi-Family
2,230
Businesses
1,062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Dekermenjian • Equity Union
Mls Name: CRMLS
Mls ID: #SR25270053