1809 Burton WayBakersfieldCA93306
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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 1809 Burton Way, Bakersfield, CA, 93306 listed at $355,900 pairs $3,623/mo rent with a $1,742/mo payment to leave $1,353/mo cash flow. Total monthly income runs $3,623/mo, and annual cash flow reaches $16,233/yr on $117,981 cash to close. Return on cash invested measures 33.67% in year one, and rental yield registers 12.22% at a $355,900 basis. Equity gained on principal adds $2,297/yr, and annual property appreciation at 5% supports $98,329 by year five. Five-year ROI tracks 176.87% and total cumulative return in cash totals $208,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,623/mo property income relative to a $1,742/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93306, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,867 (100%) |
| Owner Occupied HU | 15,342 (61.7%) |
| Renter Occupied HU | 8,578 (34.5%) |
| Vacant Housing Units | 947 ( 3.8%) |
| Median Home Value | $344,569 |
| Average Home Value | $371,081 |
Housing Distribution
Address Breakdown
Residential
24,156
Single Family
23,191
Multi-Family
965
Businesses
582
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Listed by: Alberto Mendoza • Golden Valley RealEstate Group
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202407537
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.