1705 E California AveBakersfieldCA93307
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
Investment property for sale in Bakersfield at 1705 E California Ave, Bakersfield, CA, 93307 at $356,000 posts ROI 15.5% with from $1,768/mo rent. Total monthly income equals $1,768/mo. Return on cash invested measures 15.5% and rental yield reads 5.96% at the current $356,000. Equity gained on principal adds $2,297/yr, and 5% annual appreciation supports $98,356 by year five. Five-year ROI prints 79.21% and total cumulative return in cash totals $93,482. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,768/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1947
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93307, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,873 (100%) |
| Owner Occupied HU | 13,028 (50.4%) |
| Renter Occupied HU | 11,703 (45.2%) |
| Vacant Housing Units | 1,142 ( 4.4%) |
| Median Home Value | $284,043 |
| Average Home Value | $335,164 |
Housing Distribution
Address Breakdown
Residential
24,232
Single Family
23,187
Multi-Family
1,045
Businesses
1,316
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Dobbs • 661 Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505226
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.