1104 W Point DrBakersfieldCA93305
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 1104 W Point Dr, Bakersfield, CA, 93305 earns $775/mo cash flow from $2,600/mo rent with a $1,444/mo payment. Total monthly income totals $2,600/mo, and annual cash flow totals $9,299/yr on $97,793 capital. ROI tracks 29.42% on current figures, and rental yield reads 10.58% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 153.83% and total cumulative return in cash sums $150,434. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,600/mo property income instead of your personal income.
Single Family
Built in 1954
6,534 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: Christopher David Christian • eHomes of Bakersfield
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202511520
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.