2200 El Portal Dr Unit 9BakersfieldCA93309
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
Investment Highlights
Rental property for sale in Bakersfield at 2200 El Portal Dr Unit 9, Bakersfield, CA, 93309 priced at $410,900 converts $2,728/mo rent into $186/mo cash flow after a $2,011/mo obligation. Total monthly income equals $2,728/mo, and annual cash flow totals $2,235/yr on $136,213 invested. Return on cash invested prints 21.55% in year one, and rental yield reads 7.97% against a $410,900 entry. Equity gained on principal adds $2,651/yr, while 5% annual appreciation compiles into $113,524 by year five. Five-year ROI reaches 111.65% and total cumulative return in cash sums $152,082. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,728/mo property income covering a $2,011/mo payment, not borrower’s personal income.
Condo
Built in 1984
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93309, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,423 (100%) |
| Owner Occupied HU | 10,395 (44.4%) |
| Renter Occupied HU | 12,080 (51.6%) |
| Vacant Housing Units | 948 ( 4.0%) |
| Median Home Value | $339,528 |
| Average Home Value | $381,559 |
Housing Distribution
Address Breakdown
Residential
22,812
Single Family
16,852
Multi-Family
5,960
Businesses
1,800
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A