1217 Padre St, Bakersfield, CA, 93307 | $215/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bakersfield at 1217 Padre St, Bakersfield, CA, 93307 uses $49,708 cash to close to unlock $2,581/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $1,186/mo, and a $734/mo payment keeps the spread at $215/mo. Purchase price stands at $149,950, and rental yield measures 9.49% with $1,186/mo rent. Return on cash invested shows 25.1% in year one, and 5% annual appreciation builds toward $41,428 over five years. Five-year ROI reaches 131.16% and total cumulative return in cash records $65,198. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,186/mo property income covering a $734/mo payment rather than investor’s personal income.

Single Family

Built in 1938

6,969 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 93307, Bakersfield, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	25,873 (100%)
Owner Occupied HU	13,028 (50.4%)
Renter Occupied HU	11,703 (45.2%)
Vacant Housing Units	1,142 ( 4.4%)
Median Home Value	$284,043
Average Home Value	$335,164