11409 Blue Grass DrBakersfieldCA93312








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 11409 Blue Grass Dr, Bakersfield, CA, 93312 uses $144,203 cash to close to unlock $23,159/yr annual cash flow and $1,930/mo monthly cash flow. Total monthly income runs $4,690/mo, and a $2,129/mo payment keeps the spread at $1,930/mo. Purchase price stands at $435,000, and rental yield measures 12.94% with $4,690/mo rent. Return on cash invested shows 35.97% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 189.16% and total cumulative return in cash records $272,772. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,690/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 2002
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93312, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,974 (100%) |
| Owner Occupied HU | 15,198 (76.1%) |
| Renter Occupied HU | 4,323 (21.6%) |
| Vacant Housing Units | 453 ( 2.3%) |
| Median Home Value | $426,099 |
| Average Home Value | $453,704 |
Housing Distribution
Address Breakdown
Residential
19,587
Single Family
18,974
Multi-Family
613
Businesses
769
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Joseph M. Skracic • Benchmark Real Estate Group
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202405337
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.








