231 Port Logan DrBakersfieldCA93312
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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
Rental property for sale in Bakersfield at 231 Port Logan Dr, Bakersfield, CA, 93312 generates $2,596/mo in rent, after a $2,201/mo payment. Total monthly income is $2,596/mo. Return on cash invested sits at 14.93% in year one, and rental yield is 6.93% on a $449,777 entry. Equity gained on principal adds $2,902/yr, while 5% annual appreciation builds toward $124,265 over five years. Five-year ROI reaches 77.37% and total cumulative return in cash sums $115,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,596/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
4,791 sqft lot
$N/A/sqft
$181 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93312, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,974 (100%) |
| Owner Occupied HU | 15,198 (76.1%) |
| Renter Occupied HU | 4,323 (21.6%) |
| Vacant Housing Units | 453 ( 2.3%) |
| Median Home Value | $426,099 |
| Average Home Value | $453,704 |
Housing Distribution
Address Breakdown
Residential
19,587
Single Family
18,974
Multi-Family
613
Businesses
769
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Nearby investment properties with comparable prices
Listed by: Heera Singh • Next Level Realty - Miramar
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202507245
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.