1307-1311 Oregon StBakersfieldCA93305
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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
Rental property for sale in Bakersfield at 1307-1311 Oregon St, Bakersfield, CA, 93305 generates $2,634/mo in rent, after a $4,111/mo payment. Total monthly income is $2,634/mo. Return on cash invested sits at 8.94% in year one, and rental yield is 3.76% on a $840,000 entry. Equity gained on principal adds $5,420/yr, while 5% annual appreciation builds toward $232,077 over five years. Five-year ROI reaches 43.95% and total cumulative return in cash sums $121,466. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,634/mo property income rather than buyer’s personal income.
Multi Family
Built in 1963
0.26 Acres 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
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Listed by: Diana Medina • Pinnacle Estate Properties, Inc.
Mls Name: CRMLS
Mls ID: #SR25174577