241 Sequoia DrBakersfieldCA93308
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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 241 Sequoia Dr, Bakersfield, CA, 93308 listed at $229,950 pairs $1,739/mo rent with a $1,125/mo payment to leave $217/mo cash flow. Total monthly income runs $1,739/mo, and annual cash flow reaches $2,608/yr on $76,228 cash to close. Return on cash invested measures 23.33% in year one, and rental yield registers 9.08% at a $229,950 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,531 by year five. Five-year ROI tracks 121.8% and total cumulative return in cash totals $92,847. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,739/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1989
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93308, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,142 (100%) |
| Owner Occupied HU | 10,016 (47.4%) |
| Renter Occupied HU | 10,052 (47.5%) |
| Vacant Housing Units | 1,074 ( 5.1%) |
| Median Home Value | $334,697 |
| Average Home Value | $364,464 |
Housing Distribution
Address Breakdown
Residential
20,748
Single Family
19,550
Multi-Family
1,198
Businesses
2,160
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Listed by: Jose Jesus Iniguez • LPT Realty, Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202503846
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.