223 Monterey StBakersfieldCA93305
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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 223 Monterey St, Bakersfield, CA, 93305 with 5% annual appreciation on a $659,000 basis while $1,439/mo rent supports operations. 46% in year one. Equity gained on principal adds $4,252/yr, and five-year appreciation sums $182,070 alongside rental yield of 2.62%. Five-year ROI measures 25.33% and total cumulative return in cash totals $54,919. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,439/mo property income versus a $3,225/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1982
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93305, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,083 (100%) |
| Owner Occupied HU | 4,330 (35.8%) |
| Renter Occupied HU | 7,204 (59.6%) |
| Vacant Housing Units | 549 ( 4.5%) |
| Median Home Value | $280,402 |
| Average Home Value | $352,555 |
Housing Distribution
Address Breakdown
Residential
11,593
Single Family
10,310
Multi-Family
1,283
Businesses
893
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Listed by: Teresa Y. Perez • Select, Realtors
Mls Name: Bakersfield AOR
Mls ID: #202511668