1305 Vanderbilt DrBakersfieldCA93305
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 1305 Vanderbilt Dr, Bakersfield, CA, 93305 listed at $297,500 pairs $2,291/mo rent with a $1,456/mo payment to leave $451/mo cash flow. Total monthly income runs $2,291/mo, and annual cash flow reaches $5,409/yr on $98,621 cash to close. Return on cash invested measures 25.39% in year one, and rental yield registers 9.24% at a $297,500 basis. Equity gained on principal adds $1,920/yr, and annual property appreciation at 5% supports $82,194 by year five. Five-year ROI tracks 132.25% and total cumulative return in cash totals $130,423. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,291/mo property income relative to a $1,456/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
6,617 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93305, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,083 (100%) |
| Owner Occupied HU | 4,330 (35.8%) |
| Renter Occupied HU | 7,204 (59.6%) |
| Vacant Housing Units | 549 ( 4.5%) |
| Median Home Value | $280,402 |
| Average Home Value | $352,555 |
Housing Distribution
Address Breakdown
Residential
11,593
Single Family
10,310
Multi-Family
1,283
Businesses
893
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Simon Mills • Mills Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202410481
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.