12117 Clegg DrBakersfieldCA93311
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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
Rental property for sale in Bakersfield at 12117 Clegg Dr, Bakersfield, CA, 93311 generates $5,008/mo in rent, after a $6,310/mo payment. Total monthly income is $5,008/mo. Return on cash invested sits at 11.47% in year one, and rental yield is 4.66% on a $1,289,200 entry. Equity gained on principal adds $8,319/yr, while 5% annual appreciation builds toward $356,182 over five years. Five-year ROI reaches 57.61% and total cumulative return in cash sums $240,657. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,008/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.50 Acres lot
$N/A/sqft
$131 monthly 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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Listed by: N/A • N/A
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