12404 Tule River WayBakersfieldCA93312
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
Investment Highlights
Investment property for sale in Bakersfield at 12404 Tule River Way, Bakersfield, CA, 93312 earns $58/mo cash flow from $3,847/mo rent with a $2,790/mo payment. Total monthly income totals $3,847/mo, and annual cash flow totals $691/yr on $187,527 capital. ROI tracks 20.43% on current figures, and rental yield reads 8.1% at a $569,990 purchase. Equity gained on principal adds $3,678/yr, and 5% annual appreciation supports $157,478 over five years. Five-year ROI reaches 106.21% and total cumulative return in cash sums $199,174. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,847/mo property income instead of your personal income.
Single Family
Built in 2002
0.25 Acres lot
$N/A/sqft
$30 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93312, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,974 (100%) |
| Owner Occupied HU | 15,198 (76.1%) |
| Renter Occupied HU | 4,323 (21.6%) |
| Vacant Housing Units | 453 ( 2.3%) |
| Median Home Value | $426,099 |
| Average Home Value | $453,704 |
Housing Distribution
Address Breakdown
Residential
19,587
Single Family
18,974
Multi-Family
613
Businesses
769
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nikolas Boone • Ascend Real Estate and Propert
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202501060
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.