1700 Ashe Rd UNIT 28,Bakersfield,CA,93309

Investment Highlights

Investment property for sale in Bakersfield at 1700 Ashe Rd UNIT 28, Bakersfield, CA, 93309 offers a 9.53% rental yield on a $329,900 purchase with $2,620/mo rent. Total monthly income registers $2,620/mo, and a $1,615/mo payment leaves $106/mo available for distribution. Annual cash flow reaches $1,273/yr on $109,362 to close, and return on cash invested stands at 21.07% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 111.01% and total cumulative return in cash at $121,407. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,620/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.