23321 Baker AveFellowsCA93224
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 Fellows at 23321 Baker Ave, Fellows, CA, 93224 listed at $179,000 pairs $1,641/mo rent with a $876/mo payment to leave $534/mo cash flow. Total monthly income runs $1,641/mo, and annual cash flow reaches $6,405/yr on $59,339 cash to close. Return on cash invested measures 30.7% in year one, and rental yield registers 11% at a $179,000 basis. Equity gained on principal adds $1,155/yr, and annual property appreciation at 5% supports $49,454 by year five. Five-year ROI tracks 160.72% and total cumulative return in cash totals $95,367. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,641/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93224, Fellows, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 179 (100%) |
| Owner Occupied HU | 97 (54.2%) |
| Renter Occupied HU | 59 (33.0%) |
| Vacant Housing Units | 23 (12.8%) |
| Median Home Value | $184,722 |
| Average Home Value | $203,840 |
Housing Distribution
Address Breakdown
Residential
102
Single Family
102
Multi-Family
0
Businesses
16
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Nearby investment properties with comparable prices
Listed by: Oscar Velazquez • Miramar International Calloway
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202508324
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.