12421 Locksley Dr,Bakersfield,CA,93311

Investment Highlights

Investment property for sale in Bakersfield at 12421 Locksley Dr, Bakersfield, CA, 93311 offers a 10.65% rental yield on a $799,999 purchase with $7,099/mo rent. Total monthly income registers $7,099/mo, and a $3,916/mo payment leaves $1,705/mo available for distribution. Annual cash flow reaches $20,456/yr on $263,200 to close, and return on cash invested stands at 27.83% in year one. Equity gained on principal adds $5,162/yr while 5% annual appreciation supports $221,025 over five years. Portfolio math shows five-year ROI at 146.03% and total cumulative return in cash at $384,343. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,099/mo property income against a $3,916/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.