11931 Laver 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
Total monthly income runs $1,887/mo, and a $1,395/mo payment. Purchase price stands at $285,000, and rental yield measures 7.95% with $1,887/mo rent. Return on cash invested shows 13.66% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 72.14% and total cumulative return in cash records $68,154. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,887/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 1977
13.62 Acres lot
$N/A/sqft
$616 monthly 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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Nearby investment properties with comparable prices
Listed by: Bryce M. Garewal • Emerge Real Estate
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202503650
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.