247 Deep Creek 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
Rental property for sale in Bakersfield at 247 Deep Creek Dr, Bakersfield, CA, 93308 priced at $350,000 pairs $2,081/mo rent with after a $1,713/mo payment. Total monthly income equals $2,081/mo. Return on cash invested is 18.45% in year one, and rental yield stands at 7.13% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 95.27% and total cumulative return in cash reaches $110,534. For financing, Ziffy Mortgage’s DSCR program evaluates $2,081/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
5,227 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: Rosa Madera • LPT Realty, Inc.
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202511312
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2025.