12908 Joelle Ct, Bakersfield, CA, 93314 | $741/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bakersfield at 12908 Joelle Ct, Bakersfield, CA, 93314 uses $122,655 cash to close to unlock $8,887/yr annual cash flow and $741/mo monthly cash flow. Total monthly income runs $3,048/mo, and a $1,811/mo payment keeps the spread at $741/mo. Purchase price stands at $370,000, and rental yield measures 9.89% with $3,048/mo rent. Return on cash invested shows 27.15% in year one, and 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 141.77% and total cumulative return in cash records $173,885. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,048/mo property income covering a $1,811/mo payment rather than investor’s personal income.

Single Family

Built in 1987

0.25 Acres lot

$N/A/sqft

No HOA