1103 Carpenter CtBakersfieldCA93311
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 1103 Carpenter Ct, Bakersfield, CA, 93311 earns from $3,748/mo rent with a $3,304/mo payment. Total monthly income totals $3,748/mo. ROI tracks 17.27% on current figures, and rental yield reads 6.66% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 88.83% and total cumulative return in cash sums $197,259. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,748/mo property income instead of your personal income.
Single Family
Built in 1996
0.28 Acres lot
$N/A/sqft
$135 quarterly 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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Nearby investment properties with comparable prices
Listed by: Kimberly L. Hansen-Mello • Equity Union
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202511474
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.