2404 Edingal DrBakersfieldCA93311
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 2404 Edingal Dr, Bakersfield, CA, 93311 with 5% annual appreciation on a $1,090,000 basis while $4,151/mo rent supports operations. 41% in year one. Equity gained on principal adds $7,034/yr, and five-year appreciation sums $301,147 alongside rental yield of 4.57%. Five-year ROI measures 52.22% and total cumulative return in cash totals $184,404. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,151/mo property income versus a $5,335/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
9,942 sqft lot
$N/A/sqft
$148 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93311, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,614 (100%) |
| Owner Occupied HU | 13,923 (71.0%) |
| Renter Occupied HU | 4,937 (25.2%) |
| Vacant Housing Units | 754 ( 3.8%) |
| Median Home Value | $450,345 |
| Average Home Value | $507,067 |
Housing Distribution
Address Breakdown
Residential
19,007
Single Family
17,627
Multi-Family
1,380
Businesses
627
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Buechler • Watson Realty
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202502906
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.