14307 Addleston LnBakersfieldCA93311
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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 14307 Addleston Ln, Bakersfield, CA, 93311 uses $205,193 cash to close to unlock $12,617/yr annual cash flow and $1,051/mo monthly cash flow. Total monthly income runs $5,113/mo, and a $3,053/mo payment keeps the spread at $1,051/mo. Purchase price stands at $623,687, and rental yield measures 9.84% with $5,113/mo rent. Return on cash invested shows 26.21% in year one, and 5% annual appreciation builds toward $172,313 over five years. Five-year ROI reaches 137.03% and total cumulative return in cash records $281,168. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,113/mo property income covering a $3,053/mo payment rather than investor’s personal income.
Single Family
Built in 2023
6,969 sqft lot
$N/A/sqft
$203 monthly 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: Brenda Trujillo Romero • Castle & Cooke California, Inc
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202406537
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.