12700 Thornwood DriveBakersfieldCA93311
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 12700 Thornwood Drive, Bakersfield, CA, 93311 with 5% annual appreciation on a $799,500 basis while $3,908/mo rent supports operations. 13% in year one. Equity gained on principal adds $5,159/yr, and five-year appreciation sums $220,887 alongside rental yield of 5.87%. Five-year ROI measures 67.27% and total cumulative return in cash totals $176,935. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,908/mo property income versus a $3,913/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.36 Acres lot
$N/A/sqft
$175 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: Robyn E Icenhower • Keller Williams Realty Tulare County
Mls Name: TCMLS
Mls Provider:
Mls ID: #231210
Disclaimer: Based on information from the Tulare County Association of REALTORS as of 2025-01-08 23:18:35 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.