137 Myrtle StBakersfieldCA93304
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 137 Myrtle St, Bakersfield, CA, 93304 at $354,900 posts ROI 27.01% with $697/mo cash flow from $2,892/mo rent. Total monthly income equals $2,892/mo, and annual cash flow records $8,359/yr on $117,649 to close. Return on cash invested measures 27.01% and rental yield reads 9.78% at the current $354,900. Equity gained on principal adds $2,290/yr, and 5% annual appreciation supports $98,052 by year five. Five-year ROI prints 140.94% and total cumulative return in cash totals $165,820.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,892/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93304, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,902 (100%) |
| Owner Occupied HU | 6,979 (41.3%) |
| Renter Occupied HU | 9,178 (54.3%) |
| Vacant Housing Units | 745 ( 4.4%) |
| Median Home Value | $268,814 |
| Average Home Value | $320,017 |
Housing Distribution
Address Breakdown
Residential
16,210
Single Family
13,980
Multi-Family
2,230
Businesses
1,062
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Listed by: Frank St. Clair • St. Clair Realty
Mls Name: Bakersfield AOR
Mls ID: #202510570