2323 Easthills Dr Unit 34BakersfieldCA93306
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
Investment property for sale in Bakersfield at 2323 Easthills Dr Unit 34, Bakersfield, CA, 93306 uses $125,970 cash to close to unlock $3,062/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $2,606/mo, and a $1,860/mo payment keeps the spread at $255/mo. Purchase price stands at $380,000, and rental yield measures 8.23% with $2,606/mo rent. Return on cash invested shows 22.34% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 115.89% and total cumulative return in cash records $145,993. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,606/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Single Family
Built in 1985
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: Marco Vinicio Caracas Jr. • Selling Bakersfield
Mls Name: Bakersfield AOR
Mls ID: #202601152