13118 Ridgeway Meadows Dr,Bakersfield,CA,93314

Investment Highlights

Rental property for sale in Bakersfield at 13118 Ridgeway Meadows Dr, Bakersfield, CA, 93314 generates $2,612/mo in rent and, after a $2,056/mo payment, leaves $14/mo in cash flow. Total monthly income is $2,612/mo, and annual cash flow is $162/yr on $139,230 invested. Return on cash invested sits at 20.03% in year one, and rental yield is 7.46% on a $419,999 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 103.47% and total cumulative return in cash sums $144,055. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,612/mo property income rather than buyer’s personal income.