2229 Lucky StBakersfieldCA93307
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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 2229 Lucky St, Bakersfield, CA, 93307 listed at $319,777 pairs $1,872/mo rent with a $1,565/mo payment. Total monthly income runs $1,872/mo. Return on cash invested measures 18.71% in year one, and rental yield registers 7.02% at a $319,777 basis. Equity gained on principal adds $2,063/yr, and annual property appreciation at 5% supports $88,348 by year five. Five-year ROI tracks 96.4% and total cumulative return in cash totals $102,185. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,872/mo property income relative to a $1,565/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93307, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,873 (100%) |
| Owner Occupied HU | 13,028 (50.4%) |
| Renter Occupied HU | 11,703 (45.2%) |
| Vacant Housing Units | 1,142 ( 4.4%) |
| Median Home Value | $284,043 |
| Average Home Value | $335,164 |
Housing Distribution
Address Breakdown
Residential
24,232
Single Family
23,187
Multi-Family
1,045
Businesses
1,316
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Listed by: Priscilla Aguilar Marron • Miramar International Calloway
Mls Name: Bakersfield AOR
Mls ID: #202513790