217 E Moneta AveBakersfieldCA93308
INVESTMENT ANALYSIS
Investment Verdict
Solid Income217 E Moneta Ave, Bakersfield, CA, 93308 in Bakersfield is a solid income-producing rental, 9.96% gross yield, $1,162/mo rent, $296/mo net cash flow on a $139,900 buy. DSCR 1.85 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $38,652 and $1,288/yr in principal reduction project a total cumulative return of $72,172.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $296 | $450 |
City averages based on Bakersfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,162 |
| Total Monthly Debt Service | $810 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1937
3,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93308, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,142 (100%) |
| Owner Occupied HU | 10,016 (47.4%) |
| Renter Occupied HU | 10,052 (47.5%) |
| Vacant Housing Units | 1,074 ( 5.1%) |
| Median Home Value | $334,697 |
| Average Home Value | $364,464 |
Housing Distribution
Address Breakdown
Residential
20,748
Single Family
19,550
Multi-Family
1,198
Businesses
2,160
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
Single Family
Built in 1937
3,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93308, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,142 (100%) |
| Owner Occupied HU | 10,016 (47.4%) |
| Renter Occupied HU | 10,052 (47.5%) |
| Vacant Housing Units | 1,074 ( 5.1%) |
| Median Home Value | $334,697 |
| Average Home Value | $364,464 |
Housing Distribution
Address Breakdown
Residential
20,748
Single Family
19,550
Multi-Family
1,198
Businesses
2,160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ronil Patel • Seventy Seven Management Group
Mls Name: CRMLS
Mls ID: #PW25186399