11623 Pacific Harbor AveBakersfieldCA93312
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 11623 Pacific Harbor Ave, Bakersfield, CA, 93312 at $599,000 posts ROI 20.48% with $69/mo cash flow from $3,775/mo rent. Total monthly income equals $3,775/mo, and annual cash flow records $831/yr on $197,071 to close. Return on cash invested measures 20.48% and rental yield reads 7.56% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 105.89% and total cumulative return in cash totals $208,678.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,775/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
6,970 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
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Listed by: Veronica Rubio • Remax Property Experts
Mls Name: MLSListings Inc
Mls ID: #ML82023629