2000 Cherry StBakersfieldCA93304
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 2000 Cherry St, Bakersfield, CA, 93304 uses $140,888 cash to close to unlock $4,887/yr annual cash flow and $407/mo monthly cash flow. Total monthly income runs $3,101/mo, and a $2,080/mo payment keeps the spread at $407/mo. Purchase price stands at $425,000, and rental yield measures 8.76% with $3,101/mo rent. Return on cash invested shows 23.38% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 121.66% and total cumulative return in cash records $171,401. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,101/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1926
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93304, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,902 (100%) |
| Owner Occupied HU | 6,979 (41.3%) |
| Renter Occupied HU | 9,178 (54.3%) |
| Vacant Housing Units | 745 ( 4.4%) |
| Median Home Value | $268,814 |
| Average Home Value | $320,017 |
Housing Distribution
Address Breakdown
Residential
16,210
Single Family
13,980
Multi-Family
2,230
Businesses
1,062
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samuel G. Mora • The Mora Partners Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202505280
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.