1217 Padre StBakersfieldCA93307
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1217 Padre St, Bakersfield, CA, 93307 in Bakersfield. Priced at $149,950, it generates $1,186/mo in gross rent and $527/mo in net monthly cash flow, a 11.98% yield that comfortably supports the 1.76 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,321. Five-year appreciation: $41,428. Equity from principal paydown: $1,381/yr. Total projected cumulative return: $70,960.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.2% |
| Monthly Cash Flow | $527 | $450 |
City averages based on Bakersfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,186 |
| Total Monthly Debt Service | $911 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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 |
Housing Distribution
Address Breakdown
Residential
24,232
Single Family
23,187
Multi-Family
1,045
Businesses
1,316
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
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 |
Housing Distribution
Address Breakdown
Residential
24,232
Single Family
23,187
Multi-Family
1,045
Businesses
1,316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ely U. Orozco • Infinity Real Estate Services
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202504741
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.