1620 Dimare CtBakersfieldCA93312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Bakersfield at 1620 Dimare Ct, Bakersfield, CA, 93312 offers $5,436/mo rent that, after a $2,790/mo payment, leaves $1,873/mo cash flow. Total monthly income is $5,436/mo, and annual cash flow is $22,478/yr on $187,530 cash. Return on cash invested measures 32.05% in year one, and rental yield stands at 11.44% at a $570,000 entry. Equity gained on principal adds $3,678/yr while 5% annual appreciation compounds into $157,480 by year five. Five-year ROI records 167.99% and total cumulative return in cash reaches $315,037. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,436/mo property income versus a $2,790/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93312, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,974 (100%) |
| Owner Occupied HU | 15,198 (76.1%) |
| Renter Occupied HU | 4,323 (21.6%) |
| Vacant Housing Units | 453 ( 2.3%) |
| Median Home Value | $426,099 |
| Average Home Value | $453,704 |
Housing Distribution
Address Breakdown
Residential
19,587
Single Family
18,974
Multi-Family
613
Businesses
769
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Nearby investment properties with comparable prices
Listed by: Rachael Newell • Miramar International-Riverwal
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202406578
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.