1406 Monterey St, Bakersfield, CA, 93305 | $2,340/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bakersfield at 1406 Monterey St, Bakersfield, CA, 93305 priced at $318,950 converts $4,313/mo rent into $2,340/mo cash flow after a $1,561/mo obligation. Total monthly income equals $4,313/mo, and annual cash flow totals $28,080/yr on $105,732 invested. Return on cash invested prints 46.47% in year one, and rental yield reads 16.23% against a $318,950 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,120 by year five. Five-year ROI reaches 245.29% and total cumulative return in cash sums $259,353. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,313/mo property income covering a $1,561/mo payment, not borrower’s personal income.

Single Family

Built in 1920

3,920 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