1524 Beale AveBakersfieldCA93305
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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 1524 Beale Ave, Bakersfield, CA, 93305 uses $82,875 cash to close to unlock $7,251/yr annual cash flow and $604/mo monthly cash flow. Total monthly income runs $2,212/mo, and a $1,224/mo payment keeps the spread at $604/mo. Purchase price stands at $250,000, and rental yield measures 10.62% with $2,212/mo rent. Return on cash invested shows 28.66% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 150.11% and total cumulative return in cash records $124,402. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,212/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1914
6,534 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 |
Housing Distribution
Address Breakdown
Residential
11,593
Single Family
10,310
Multi-Family
1,283
Businesses
893
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Listed by: Charles J. Peyton • RESCO
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202411081
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.