11214 Irontooth 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 11214 Irontooth Ave, Bakersfield, CA, 93311 at $551,700 posts ROI 34.04% with $2,114/mo cash flow from $5,527/mo rent. Total monthly income equals $5,527/mo, and annual cash flow records $25,373/yr on $181,509 to close. Return on cash invested measures 34.04% and rental yield reads 12.02% at the current $551,700. Equity gained on principal adds $3,560/yr, and 5% annual appreciation supports $152,425 by year five. Five-year ROI prints 178.58% and total cumulative return in cash totals $324,147.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,527/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
8,800 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marisa Caruso-Cornejo • My Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202405604
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.