1904 Clarendon 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 1904 Clarendon St, Bakersfield, CA, 93307 listed at $310,000 pairs $3,704/mo rent with a $1,517/mo payment to leave $1,787/mo cash flow. Total monthly income runs $3,704/mo, and annual cash flow reaches $21,439/yr on $102,765 cash to close. Return on cash invested measures 40.77% in year one, and rental yield registers 14.34% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 214.73% and total cumulative return in cash totals $220,663. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,704/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
4,791 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: Eduardo Robles • AMBIANCE REALTY
Mls Name: North Santa Barbara County MLS
Mls Provider:
Mls ID: #23001052
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