12602 Mezzadro AveBakersfieldCA93312
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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
Investment Highlights
Investment property for sale in Bakersfield at 12602 Mezzadro Ave, Bakersfield, CA, 93312 uses $144,203 cash to close to unlock $2,389/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $2,890/mo, and a $2,129/mo payment keeps the spread at $199/mo. Purchase price stands at $435,000, and rental yield measures 7.97% with $2,890/mo rent. Return on cash invested shows 21.57% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 111.74% and total cumulative return in cash records $161,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,890/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 2006
8,712 sqft lot
$N/A/sqft
No 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
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Listed by: Valerie A. Fontes • Redfin Corporation
Mls Name: Bakersfield AOR
Mls ID: #202601185