1812 Lucky StBakersfieldCA93307
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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 1812 Lucky St, Bakersfield, CA, 93307 earns $1,435/mo cash flow from $3,310/mo rent with a $1,468/mo payment. Total monthly income totals $3,310/mo, and annual cash flow totals $17,219/yr on $99,417 capital. ROI tracks 37.23% on current figures, and rental yield reads 13.24% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 195.8% and total cumulative return in cash sums $194,656. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,310/mo property income instead of your personal income.
Single Family
Built in 1947
6,534 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
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Listed by: Frank St. Clair • St. Clair Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202408400
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.