11905 Borg CtBakersfieldCA93306
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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 11905 Borg Ct, Bakersfield, CA, 93306 listed at $229,000 pairs $2,269/mo rent with a $1,121/mo payment to leave $852/mo cash flow. Total monthly income runs $2,269/mo, and annual cash flow reaches $10,226/yr on $75,914 cash to close. Return on cash invested measures 33.38% in year one, and rental yield registers 11.89% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 175.14% and total cumulative return in cash totals $132,953. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,269/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93306, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,867 (100%) |
| Owner Occupied HU | 15,342 (61.7%) |
| Renter Occupied HU | 8,578 (34.5%) |
| Vacant Housing Units | 947 ( 3.8%) |
| Median Home Value | $344,569 |
| Average Home Value | $371,081 |
Housing Distribution
Address Breakdown
Residential
24,156
Single Family
23,191
Multi-Family
965
Businesses
582
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Listed by: Chad Macke • Realty Executives Platinum
Mls Name: GAVAR
Mls ID: #25008012