14024 Boon WayBakersfieldCA93311
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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
Investment property for sale in Bakersfield at 14024 Boon Way, Bakersfield, CA, 93311 earns $217/mo cash flow from $3,434/mo rent with a $2,545/mo payment. Total monthly income totals $3,434/mo, and annual cash flow totals $2,610/yr on $171,047 capital. ROI tracks 21.59% on current figures, and rental yield reads 7.93% at a $519,900 purchase. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,639 over five years. Five-year ROI reaches 111.81% and total cumulative return in cash sums $191,248. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,434/mo property income instead of your personal income.
Single Family
Built in 2022
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93311, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,614 (100%) |
| Owner Occupied HU | 13,923 (71.0%) |
| Renter Occupied HU | 4,937 (25.2%) |
| Vacant Housing Units | 754 ( 3.8%) |
| Median Home Value | $450,345 |
| Average Home Value | $507,067 |
Housing Distribution
Address Breakdown
Residential
19,007
Single Family
17,627
Multi-Family
1,380
Businesses
627
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Listed by: Ronda Lynn Newport • Watson Realty
Mls Name: Bakersfield AOR
Mls ID: #202600175