209 Haggin St,Bakersfield,CA,93309

Investment Highlights

Investment property for sale in Bakersfield at 209 Haggin St, Bakersfield, CA, 93309 listed at $395,000 pairs $2,543/mo rent with a $1,933/mo payment to leave $37/mo cash flow. Total monthly income runs $2,543/mo, and annual cash flow reaches $450/yr on $130,943 cash to close. Return on cash invested measures 20.25% in year one, and rental yield registers 7.73% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 104.89% and total cumulative return in cash totals $137,346. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,543/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).