2205 Fairfax RdBakersfieldCA93306
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 2205 Fairfax Rd, Bakersfield, CA, 93306 generates $2,408/mo in rent and, after a $1,644/mo payment, leaves $330/mo in cash flow. Total monthly income is $2,408/mo, and annual cash flow is $3,962/yr on $111,350 invested. Return on cash invested sits at 23.47% in year one, and rental yield is 8.6% on a $335,897 entry. Equity gained on principal adds $2,167/yr, while 5% annual appreciation builds toward $92,802 over five years. Five-year ROI reaches 121.95% and total cumulative return in cash sums $135,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,408/mo property income rather than buyer’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe S. Velasquez - Flores • The Mora Partners Inc.
Mls Name: Bakersfield AOR
Mls ID: #202600474