12514 Madelyn DrBakersfieldCA93311
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 12514 Madelyn Dr, Bakersfield, CA, 93311 with 5% annual appreciation on a $527,950 basis while $5,616/mo rent supports operations. Total monthly income totals $5,616/mo and a $2,584/mo payment preserves $2,118/mo for cash returns. Annual cash flow comes to $25,417/yr on $173,696 deployed, and return on cash invested reaches 34.69% in year one. Equity gained on principal adds $3,407/yr, and five-year appreciation sums $145,863 alongside rental yield of 12.76%. Five-year ROI measures 182.69% and total cumulative return in cash totals $317,327.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,616/mo property income versus a $2,584/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
6,950 sqft lot
$N/A/sqft
$232 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Elizabeth Short • Greg Balfanz, Broker
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202407244
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.