11723 Holabird 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
Rental property for sale in Bakersfield at 11723 Holabird Ave, Bakersfield, CA, 93311 generates $5,002/mo in rent and, after a $2,239/mo payment, leaves $2,059/mo in cash flow. Total monthly income is $5,002/mo, and annual cash flow is $24,711/yr on $151,661 invested. Return on cash invested sits at 36.2% in year one, and rental yield is 13.12% on a $457,500 entry. Equity gained on principal adds $2,952/yr, while 5% annual appreciation builds toward $126,399 over five years. Five-year ROI reaches 190.55% and total cumulative return in cash sums $288,992. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,002/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
6,969 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
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Nearby investment properties with comparable prices
Listed by: Carlos Padilla • Watson Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202405303
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.