11714 Irwindale 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
Rental property for sale in Bakersfield at 11714 Irwindale Ave, Bakersfield, CA, 93312 priced at $647,500 pairs $5,696/mo rent with $1,349/mo cash flow after a $3,169/mo payment. Total monthly income equals $5,696/mo, and annual cash flow comes to $16,189/yr on $213,028 invested. Return on cash invested is 27.66% in year one, and rental yield stands at 10.56% on a $647,500 basis. Equity gained on principal adds $4,178/yr, and 5% annual appreciation accumulates to $178,892 by year five. Five-year ROI measures 145.08% and total cumulative return in cash reaches $309,057. For financing, Ziffy Mortgage’s DSCR program evaluates $5,696/mo property income against a $3,169/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.26 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: Michael R Still • Agentcor-Big Block Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202409012
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.