11512 Lindalee LnBakersfieldCA93312
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 11512 Lindalee Ln, Bakersfield, CA, 93312 offers a 10.11% rental yield on a $511,000 purchase with $4,306/mo rent. Total monthly income registers $4,306/mo, and a $2,501/mo payment leaves $1,044/mo available for distribution. Annual cash flow reaches $12,534/yr on $168,119 to close, and return on cash invested stands at 27.52% in year one. Equity gained on principal adds $3,297/yr while 5% annual appreciation supports $141,180 over five years. Portfolio math shows five-year ROI at 143.87% and total cumulative return in cash at $241,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,306/mo property income against a $2,501/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.46 Acres 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: Randy B. Soliman • Reside Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408924
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.