1301 Pebble Beach DrBakersfieldCA93309
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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 1301 Pebble Beach Dr, Bakersfield, CA, 93309 offers a 10.61% rental yield on a $180,000 purchase with $1,591/mo rent. Total monthly income registers $1,591/mo, and a $881/mo payment leaves $103/mo available for distribution. Annual cash flow reaches $1,230/yr on $59,670 to close, and return on cash invested stands at 21.97% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 116.67% and total cumulative return in cash at $69,617. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,591/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1961
1,742 sqft lot
$N/A/sqft
$273 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93309, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,423 (100%) |
| Owner Occupied HU | 10,395 (44.4%) |
| Renter Occupied HU | 12,080 (51.6%) |
| Vacant Housing Units | 948 ( 4.0%) |
| Median Home Value | $339,528 |
| Average Home Value | $381,559 |
Housing Distribution
Address Breakdown
Residential
22,812
Single Family
16,852
Multi-Family
5,960
Businesses
1,800
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Listed by: Alicia A. Gutierrez • Watson Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202503682
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.