2109 Mark CtBakersfieldCA93304
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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 2109 Mark Ct, Bakersfield, CA, 93304 listed at $307,500 pairs $3,234/mo rent with a $1,505/mo payment to leave $1,332/mo cash flow. Total monthly income runs $3,234/mo, and annual cash flow reaches $15,982/yr on $101,936 cash to close. Return on cash invested measures 35.59% in year one, and rental yield registers 12.62% at a $307,500 basis. Equity gained on principal adds $1,984/yr, and annual property appreciation at 5% supports $84,957 by year five. Five-year ROI tracks 186.91% and total cumulative return in cash totals $190,527. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,234/mo property income relative to a $1,505/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
6,534 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
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Listed by: Samuel R. Salazar Jr • Century 21 Jordan-Link & Co
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202407952
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.