2122 Palm StBakersfieldCA93304
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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 2122 Palm St, Bakersfield, CA, 93304 earns $584/mo cash flow from $2,069/mo rent with a $1,175/mo payment. Total monthly income totals $2,069/mo, and annual cash flow totals $7,008/yr on $79,560 capital. ROI tracks 28.72% on current figures, and rental yield reads 10.35% at a $239,999 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,307 over five years. Five-year ROI reaches 150.05% and total cumulative return in cash sums $119,378. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,069/mo property income instead of your personal income.
Single Family
Built in 1921
5,227 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 Reyna Jr. • Cal Pro Real Estate
Mls Name: Bakersfield AOR
Mls ID: #202507511