204 Somerford CtBakersfieldCA93312
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
Rental property for sale in Bakersfield at 204 Somerford Ct, Bakersfield, CA, 93312 offers $3,596/mo rent that, after a $5,139/mo payment. Total monthly income is $3,596/mo. Return on cash invested measures 10.14% in year one, and rental yield stands at 4.11% at a $1,050,000 entry. Equity gained on principal adds $6,775/yr while 5% annual appreciation compounds into $290,096 by year five. Five-year ROI records 50.37% and total cumulative return in cash reaches $171,353. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,596/mo property income versus a $5,139/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93312, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,974 (100%) |
| Owner Occupied HU | 15,198 (76.1%) |
| Renter Occupied HU | 4,323 (21.6%) |
| Vacant Housing Units | 453 ( 2.3%) |
| Median Home Value | $426,099 |
| Average Home Value | $453,704 |
Housing Distribution
Address Breakdown
Residential
19,587
Single Family
18,974
Multi-Family
613
Businesses
769
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Listed by: Jerri Delfino • Watson Realty
Mls Name: Bakersfield AOR
Mls ID: #202512193