1412 Longreach Dr,Bakersfield,CA,93314

Investment Highlights

Investment property for sale in Bakersfield at 1412 Longreach Dr, Bakersfield, CA, 93314 offers a 7.62% rental yield on a $650,000 purchase with $4,128/mo rent. Total monthly income registers $4,128/mo, and a $3,181/mo payment leaves $107/mo available for distribution. Annual cash flow reaches $1,289/yr on $213,850 to close, and return on cash invested stands at 20.66% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 106.85% and total cumulative return in cash at $228,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,128/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.