2112 Pageant StBakersfieldCA93306
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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 2112 Pageant St, Bakersfield, CA, 93306 offers a 8.49% rental yield on a $345,000 purchase with $2,442/mo rent. Total monthly income registers $2,442/mo, and a $1,689/mo payment leaves $307/mo available for distribution. Annual cash flow reaches $3,688/yr on $114,368 to close, and return on cash invested stands at 23.13% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 120.14% and total cumulative return in cash at $137,404. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,442/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93306, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,867 (100%) |
| Owner Occupied HU | 15,342 (61.7%) |
| Renter Occupied HU | 8,578 (34.5%) |
| Vacant Housing Units | 947 ( 3.8%) |
| Median Home Value | $344,569 |
| Average Home Value | $371,081 |
Housing Distribution
Address Breakdown
Residential
24,156
Single Family
23,191
Multi-Family
965
Businesses
582
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Listed by: Evangelina Salinas • EV & Company Real Estate Group
Mls Name: Bakersfield AOR
Mls ID: #202509569